Greater Paris Region Office Market Dynamics, Q2 2025

Economic uncertainties affecting both global markets and the French economy have hindered rental market recovery during Q2. As we enter the summer period, take-up in the Greater Paris Region has reached only 768,000 square meters, representing an 11.5% year-on-year decline and falling 25% below the 10-year average.

Available supply has continued to expand, now exceeding 6 million square meters throughout the Greater Paris Region, resulting in a vacancy rate of 10.8%.

Despite these market conditions, prime rents in Paris and particularly the CBD have maintained their upward trajectory, with the CBD establishing a new benchmark at €1,200 per square meter—a substantial 20% increase compared to the same period last year.