• During Q2 available office volume increased by about 150,000 sq m because of the pandemic.
  • The volume of space on the sublease market has increased by 93% since the end of March.
  • The decline in new supply was due to the scheduled launch of 12 new buildings being pushed back to later in the year.
  • Take-up fell by 24% y-o-y in Q2 2020, amounting to 294,000 sq m.
  • As asking rents in existing space remained unchanged, and some new premises came to market with above average asking rents, this translated to an increase in overall asking rents.