Summary and analysis of Lisbon's current office real estate market conditions.
Insight
Lisbon Office Market Dynamics, Q2 2025
Lisbon's H1 2025 office take-up reached 84,000 sq.m., a 34% decrease year-on-year, across 70 occupations.
The top three deals in H1 included Banco de Portugal (32,000 sq.m.), Teleperformance (6,500 sq.m.), and a digital solutions company (5,800 sq.m.).
The average deal size has been strengthening throughout the year, proving that demand continues to be directed towards larger spaces.