Login

210,000 m² of office space expected in Lyon by 2024

EM Lyon (DR)
EM Lyon (DR)
By La rédaction Business Immo
June 20, 2024 | 8:21 AM

Translated from French.

After the peak in deliveries in 2023, with the delivery of 246,000 m² of office space, including almost 60,000 m² via the To Lyon tower, 2024 should see a more measured pace, with around 210,000 m² expected, notes JLL in one of its latest studies. Future years remain uncertain, however, due to the numerous postponements of construction starts and projects put on stand-by. As Stéphane Jullien, head of the JLL Lyon office team, points out: "Faced with an unprecedented rise in construction costs (inflation, interest rates and new standards), the withdrawal of investors and a wait-and-see attitude on the part of major users, developers have had to adapt their activity and put off projects."

This news story is available exclusively to CoStar subscribers.

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.

This news story is available exclusively to CoStar subscribers.

Ready to Learn More?

Sign Up For a Personalized Demo.

Sign Up For a Demo To Learn More.

Already A Subscriber? Sign In