Office market Lausanne

The availability rate in the city of Lausanne rose year-on-year in 2025 from 1.9% to 3.3%, easing the tight supply situation. In Lausanne’s central business district (CBD), 19,500 m² of office space stands vacant, corresponding to 2.4% of the total stock of office space there (end-2024: 1.5%). The increase in supply occurred partly because 6,000 m² of office space in the newly renovated Hôtel des Postes became available for tenancy. In the wake of this supply expansion, prime rents fell slightly from CHF 520 to CHF 500 per m² per annum.

The supply of office space in the entire Lausanne region increased significantly, with the availability rate now at 5.2% (previous year: 3.8%). The increase was spread across several submarkets. In Pully – the smallest office market in the Lausanne region – the availability rate rose from 1.1% to 3.7%, mainly due to the availability of a renovated building with 2,900 m² of space that was previously occupied by a Big Four auditing firm.

Supply also expanded in the Vidy district in 2025, with the availability rate there rising from 1.2% to 2.8%. This increase is due to the now vacant Equinox building with its 5,000 m² of empty space. Office-space supply also grew in the Lausanne North/Epalinges submarket, where 12,200 m² were available at the end of 2025, raising the availability rate from 2.7% to 4.5%.

The increase in vacancies reflects the challenges of letting office space in peripheral areas with suboptimal transportation connections and consequently longer absorption times. Properties with many parking spaces typically have better letting success in these submarkets.

Dynamic expansion is currently taking place in the Renens/Prilly/Malley area. Various real estate projects have been developed there in recent years. Thanks to good public transportation connections, a considerable number of leases have been signed. The Central Malley project, which will be completed in 2026, has also benefited from this so far.

After an expansion of supply in previous years, the amount of available office space in Lausanne West/Crissier remains steady at 58,000 m². Despite the above-average vacancy rate of 15.0%, companies continue to move into this submarket because modern, certified, and easily accessible buildings are available there. The area contributes to the modernisation of Lausanne’s west side, but complete absorption of the new space usually takes time.

The supply of office space is expected to increase further in 2026, though not as strongly as recently. The pipeline through 2028 is somewhat smaller at around 40,000 m², which could facilitate the letting of available space in the medium term.

Download the study “Office Market Switzerland 2026” including further information about the office market Lausanne.