Savills. In office sector, positive take-up trend supports rents, but investors remain selective

Friday, october 24, 2025

Savills. In office sector, positive take-up trend supports rents, but investors remain selective

After a strong first half of the year, investment volume in the office sector has begun to decline again. However, the sector remains dynamic in terms of the number of deals—which continue to grow—and is increasingly concentrated in the markets of Milan and Rome, particularly in the two city CBDs. Prime net yields remain stable, and greater liquidity is expected by the end of 2025, particularly in the Rome market. Take-up in Milan during the period grew by 4% compared to the same period last year, following a weak quarter.

Read the report: https://pdf.euro.savills.co.uk/italy/q3-2025-office-report.pdf