Presentation
First half 2019 results
Conference call 18 July 2019 www.befimmo.be
Table of contents
- Brussels - Attractive office market
- Strong H1 results, confirming full year outlook
Brussels - Attractive
office market
Brussels - Attractive office market | Key takeaways
JLL executive summary H1 2019
Occupier market:
-
Best H1 in history:
take-up of 345,000 m² (+120% YoY) of which 55% pre-letting in projects - Vacancy down to a new two decades low of 7.6% (8.0% in Q1)
- CBD 3.35% (vs 3.7% an all time low), outside CBD 14.8% vs 15.3%
- Prime rent stabilizes at the highest ever of 315 m²/y
Further compression of yields: 6/9 yrs. lease: 4.15%
Long term lease: 3.5%
P 4
Brussels - Attractive occupier market
2019 could become a record year
-
Continued growth private sector:
with already 235,000 m² highest take-up since 2010 - Strong demand anticipated:
- Corporates transforming into Smart Ways of working
- Public institutions (EU)
FY | H1 |
P 5
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Befimmo SA published this content on 18 July 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 July 2019 15:54:12 UTC