MarketBeat - Milan Office Q1 2025 (Italy Office MarketBeat)
Milan's office market recorded 102,000 square meters of absorption in Q1 2025 with a 9.8% vacancy rate and €750/sqm/year prime rent, driven by strong Grade A demand representing 87% of quarterly volume, particularly from legal and IT sectors. Foreign capital accounted for 40% of the €410 million investment volume, with the two largest CBD transactions representing 43% of total investment activity and prime yields holding steady at 4.25% despite a 3% increase in prime rents over the quarter.
Published by Cushman & Wakefield. Global Real Estate Intelligence links to the original source and credits the publisher; all rights remain with them.
Provenance
- Publisher
- Cushman & Wakefield
- Obtained from
- Unknown: source not established
- Published
- Mar 31, 2025
- Last updated
- Jun 28, 2026 (1 month ago)
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