• New supply in Q3 2020 amounted to 54,245 sq. m., most of which was delayed from Q2 2020.
  • The overall vacancy rate increased by 0.4 p.p. from the end of Q2 2020 and by 1.1 pp from the end of Q1 2020, reaching 10.4% at the end of Q3 2020.
  • Office take-up this quarter decreased by more than 2 times compared to Q3 2019, amounting to 227,000 sq. m. compared to 518,200 sq. m.
  • Take-up exceeded 870,000 sq. m. in the first nine months of 2020, a figure 24% lower than in the same period of 2019.
  • Leasing demand in Q3 2020 was led by real estate and construction companies (primarily operators of flexible office spaces) as well as financial sector companies.