Summary and analysis of Greater Paris Region's current office real estate market conditions.
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Greater Paris Region Office Market Dynamics, Q1 2025
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With the same causes driving the same outcomes, the resulting uncertainty was not conducive to recovery in the Greater Paris Region office market over Q1: 419,200 sq m of take-up was recorded over the period, representing a slight decrease of -6% compared with Q1 2024.
There was a further increase in immediately supply to 5.8 million sq m, with vacancy tipping over 10.5%. Behind these regional figures, there are some significant variations.
Prime rents in Paris are tending to stabilise or to rise more slowly, while values remained broadly stable or fell slightly in the suburbs where changes need to be monitored over the coming months as demand shifts.