Porto's office take-up reached 27,255 sq. m. in the first three quarters of 2025, a 54% YoY decrease, though activity accelerated significantly in Q3.
The year's total take-up was significantly influenced by the top three deals, which together accounted for nearly half of the volume, led by an 8,676 sq. m. transaction in the Oriental zone (Z4).
A structural undersupply of prime office space continues to constrain tenant options, as new developments are being delivered to the market only gradually.