Office leasing demand hits highest level since pre-pandemic

Office Leasing Interest Hits Pre-Pandemic High As Businesses Expand In-Person Operations

Office leasing demand reaches pre-pandemic highs as businesses expand in-person operations, with high-end spaces and turnkey solutions leading the way.

Office leasing demand hits highest level since pre-pandemic

Demand to lease office space was up by 19% compared to the same quarter last year, Rightmove’s latest commercial insights tracker report revealed. The report revealed that demand was also up for industrial spaces and leisure, both at 37% year-on-year, while retail leasing demand increased by 14%. Supply in offices increased by 8%, industrial by 26%, leisure by 1%, but fell slightly in retail by 1%.  In commercial investment, demand volumes for o…

Investors Circling NYC CRE At Levels 'Unlike We've Seen Since 2018'

The fundamentals underpinning New York City's office market are the healthiest they've been since before the pandemic, and investors across the globe have taken notice.