In its latest (3Q15) Market Report on the European office sector, Savills noted that prime rents and secondary rents in Brussels were, respectively, EUR285 and EUR175 per square metre per year. Prime rents are now stable year-on-year, having declined by 6% year-on-year in 1Q15. Looking forward, Savills anticipates that take-up of office space will decrease. Supply of new space is expected to remain stable, as are prime rents. In its report, Savills highlighted how take up of office space in 3Q15 was 27% lower than in 3Q14: however, several large transactions are expected to be closed in the near future.

Source : Savills/December 2015/Brussels/OFF