LYON: THE OFFICE REAL ESTATE MARKET IN INFOGRAPHICS

Find the main trends as well as the key figures of the office real estate market in Lyon

What is the volume of premises that have found takers?

Activity picked up slightly with 180,500 m² taken up since the beginning of the year. Volumes increased by +12% over one year, the market is driven by SMEs / SMIs.

Despite sustained demand, intramural activity is struggling to take off, and due to a limited supply, which favors  new construction, that said, the situation should improve by the end of the year, with the next deliveries. Learn more about nekretnine.

What is the availability of office offers in Lyon?

Immediate supply remained stable over a quarter, reaching 336,400 m² and a vacancy rate still < 5% at metropolitan level. As for new, it is down slightly and represents 29% of the stock.

The rapid absorption of new surface areas and in particular large formats has made it possible to consolidate immediate stock and has led to tension in certain sectors.

By the end of the year, nearly 4,000 m² will be delivered with the DANICA, it will be necessary to wait until 2022 for the delivery of the Corner Part Dieu (10,200 m²). In total, 52,000 m² of certain new future supply have been identified at Part Dieu.

While nearly 100,000 m² will be delivered during the year across the city, 53,400 m² of new offers are in the pipeline by 2023.

What is the price per m2 in Lyon?

The health crisis has halted the rise in rents. But, large demanding users are ready to pay premium values ??for the most prestigious surfaces.

The high-rise prime rent now reaches €340, it is €325 for non-high-rise buildings.

And the office real estate investment market?

Offices totaled nearly €400 million. The prime rate remains stable at 3.50%. It could compress over the next few months with ongoing projects below this rate.

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