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Market Outlook Midpoint 2025

27/08/2025
Investment

After a rebound in H1 2025, transaction activity is projected to maintain positive momentum through the rest of 2025, potentially reaching €1 billion.

Office

Prime rental growth is anticipated, potentially reaching €21.00/sq m/month by year-end, driven by strong demand for high-quality offices and a limited supply of A+ space. 

Industrial

Vacancy is expected to increase due to subdued demand and the upcoming completion of speculative developments launched in previous years. Prime rents are forecasted to decline in the second half of the year.

Retail

H1 recorded few new market entries, whilst more brands are scheduled to launch in the second half of the year, spanning multiple retail sectors.

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