Catella predicts paradigm shift in the European market for office space – less room, more innovation
Over the past 15 years, changes in office space in Europe have pointed in one direction only: up. Availability, demand and the number of people working in offices all saw constant growth – but so did the levels of unoccupied floor space. Behavioural changes have generated less demand from companies for office use, and as a result employees will have smaller workspaces in the future.In its latest Market Tracker, Catella Research has examined the development of 14 European office markets over the past 15 years. Since 2000, office building stocks have grown by 26.3 %, the demand for office