In tune with Colliers’ estimates, the leasing activity is softening to more normal levels following an excellent 2017 (best post-crisis year for new demand).
- gross take-up: 1Q18-3Q18 – 223,100 sqm (-9.9% YoY);
- net take-up: 1Q18-3Q18 – 103,700 sqm (-18.4% YoY);
- co-working was exceptionally strong so far (20% of net take-up, 10.4% of gross take-up);
- the market is much more balanced than the market 1-2 years ago in terms of both demand by activity sector, as well as locations sought after by tenants.