星空体育app下载 publishes its first study dedicated to the Paris office market. This report provides a summary of the main trends in the leasing market in Q1 2025 and looks in more detail at recent developments in one of the capital’s most dynamic tertiary sectors, 鈥淧aris Centre East鈥�.
In Q1 2025, the Greater Paris office market remains sluggish, with a 4% decline in take-up year-on-year mainly due to a lack in large deals. Paris is capturing fewer deals than a year ago, while the outskirts are gaining ground, driven by real estate optimization strategies. Vacancy continues to rise, reaching 10.3%, particularly in outlying areas, while central Paris remains tighter. A large wave of office deliveries in 2025 (nearly 1 million sq.m) will be followed by a slowdown from 2026 onward.
The 鈥淧aris Centre East鈥� district is gaining momentum thanks to property refurbishments, attracting major firms like Cartier and Danone. Leasing activity has surged, indicating a shift in the West-East balance. This appeal has pushed rents up significantly (+39% since 2021). However, the economic slowdown, a more challenging environment for key business sectors (luxury, tech), limited availability and competition from other districts may slow future growth. Still, Paris Centre East is emerging as a fast-evolving business hub.
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