PropertyEU

Savills: ‘quite simply, the market needs interest rates to fall before transactional activity will gather pace’

By a staff reporter 2024-05-08T00:00:00

Savills said European prime office yields moved out by an average of +5 bps to 4.90% during Q1 2024

Q1 2024 analysis of the European office market suggest yields began to stabilise during the quarter but expectations of an early eurozone interest rate cut faded, thus dampening spirits.

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