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SNAPSHOT Offices Vaud H2 2023



On the leasing front, the canton of Vaud saw a major expansion of its office stock, with an additional 115,000 sqm, mainly around Lausanne. Despite the growing supply, overall availability remained low at 4.6 % at the cantonal level, and even lower in Lausanne at 4.2 % at the end of the year.


In 2023, the tertiary investment sector experienced a turnaround, marked by a fall in transactions and the disengagement of Swiss institutional investors.

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