CBRE is the world's leading commercial real estate advisor. With over 300 offices in more than 50 countries, we have more consultants advising more customers than any other property firm. In Switzerland we have been present for over 15 years with a broad multidisciplinary team in Zurich and Geneva.
We advise on all aspects of commercial property to help our clients realise the true value of their real estate, we provide Investment Advisory; Fund Advisory; Valuation; Global Corporate Services (Consulting, Tenant Representation Services, Portfolio, Asset Management and Facilities Management.); Building Consultancy.
In Zurich, availability has continued its upward movement reaching 282,000 sq m by the end of September. The demand remains driven by cost reductions rather than growth. This leads to further pressure on prime rent which has now reached 850 CHF/sq m/year.
In Geneva, the periphery has suffered a strong increase of offer during the last few months but the CBD remains in demand. The prime rent is however under pressure as well given the decrease of the general demand.
Despite the current slowdown in the occupational market, the investment market remains active with national investors looking for prime opportunities. Investors are however growing more cautious given the market outlook.
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