26th April 2021

Colliers International France Studies & Research department​ offers us a new analysis of the tertiary market in Paris Regions in Q1 2021.

Following a year like no other, early 2021 offered a glimpse of recovery although with some questions regarding the scale and the durability of the upturn in the office real estate market. Q1 reflected this indeterminate state with an office take-up of 327,430sq m; this represents a -30% decrease compared with Q1 2020. One positive sign was that there was good activity in the large space segment over Q1. Some businesses have moved beyond the paralysing inertia seen in 2020 and started to take projects forward as we move out of the initial waves of the epidemic.

What to remenber about markets trends :

- Take-up totaling​ 327,430sq m of offices
- 13 transactions > 5,000sq m​ vs 10 in Q1 2021
- A firm recovery compromised in the short term​ by the new restrictions to contain the epidemic
- An immediate supply of 3.79 million sq m (+ 30% in one year)
- Increasing support measures : 23% on average in Paris Regions

Download the note to read more !