Lisbon Office Market Dynamics, Q1 2026

Lisbon’s first quarter of 2026 office take-up reached 28,910 sq.m, an 80% year-on-year increase bolstered by ten deals exceeding 1,000 sq.m.

The persistent flight to quality continued to fuel rental growth, with Prime CBD rents reaching a new benchmark of €32.00/sq.m./month.

Despite macroeconomic headwinds, occupier confidence for best-in-class assets remains strong, suggesting 2026 is on track for a robust performance.