The WOutlook Q3 on the Lisbon Office Market provides the latest market data and incorporates periodic quantitative forecasts for the main market indicators, covering take-up, supply and rents.
Lisbon’s office market recorded a take-up volume of 97,200 sq.m up to the third quarter of 2026, across 118 transactions, representing a 26% year-on-year decrease. Emerging Zones (Zone 3) accounted for 37% of total take-up, driven by a 9,000 sq.m lease by a technology company at the new Fidelidade Headquarters.
WORX forecasts point to a take-up volume of 130,000–150,000 sq.m by year-end, a vacancy rate of 8.0%–8.5% and prime rents reaching €34–35/sq.m/month, reflecting continued demand for high-quality office space.
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