Business installations in offices in Ile-de-France decreased by 8% in 2023, the Immostat group revealed on Friday, whose figures are the reference.
Demand for office space, added to sales to occupants and new rentals, amounted to 1.93 million square meters in 2023, compared to 2.11 million in 2022. A volume 12% lower than the average of the last ten years .
For the real estate consultancy company CBRE, this lack of shape can be explained as much by economic variables (sluggish economic growth, high inflation) as by structural changes in the office, notably the use of teleworking.
However, demand for offices in Ile-de-France experienced a rebound last year, without however reaching that of the years before the Covid-19 pandemic.
Some sectors are holding up better than others, such as the center of Paris and the first southern ring of the suburbs, which remain in high demand. Levels of demand there are higher than long-term trends.
On the other hand, in the rest of Ile-de-France, demand is timid and this is reflected in the dynamics of offers and rents, comments Alexandre Fontaine, executive director of the Bureaux IDF agency of CBRE.
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At the same time, the office supply continued to grow in Ile-de-France this year (+2.7%), reaching 4.759 million square meters immediately available, or more than double the demand.