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Office leasing as a share of the historical quarterly average worldwide from 1st quarter 2020 to 2nd quarter 2024, by region

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Source

Release date

November 2024

Region

Worldwide

Survey time period

Q1 2020 to Q3 2024

Special properties

the historical quarterly average refers to the average for each quarter between 2017 and 2019

Citation formats

Office leasing as a share of the historical quarterly average 2020-2024, by region

Published by ÌÇÐÄÆƽâ°æ Research Department, Nov 14, 2024

Leasing activity in the office real estate sector plummeted in the second quarter of 2020 due to the coronavirus pandemic. Although the leasing volumes have been growing since, the sector is far from recovering from the pandemic. In the third quarter of 2024, the gross leasing volume of office real estate globally stood ** percent below the average for the same quarter between 2017 and 2019.

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