Among the major office markets in the United States, Manhattan had the lowest vacancy rate in the second quarter of 2025. Approximately *****percent of office space was vacant in that quarter, compared to **** percent in San Francisco. Since the onset of the coronavirus pandemic, the office real estate sector has been suffering an increase in office vacancies, affecting both downtown and suburban properties. Data on the sales prices of office property also indicates a notable decrease in office real estate valuations.

In the first quarter of 2025, office availability rates in the UK were the lowest in Birmingham, at **** percent. Other cities such as Manchester and Bristol had higher vacancy rates. England's busiest office market, London, had a vacancy rate exceeding ** percent in 2024.The vacancy rate is the percentage of available office rental units that are vacant or unoccupied during a given time. High vacancy rates in a city can mean that supply is outweighing demand, or that the quality of particular properties available not meeting the desired demands of the rental market. After the COVID-19 outbreak, demand for offices has declined, leading to increased vacancies across most markets.

Vienna, Luxembourg, and Hamburg were the markets with the lowest vacancy rates in Europe in the fourth quarter of 2024. Vacancy rates are a measurement of unoccupied properties during a given period and are a good indication of an area’s desirability and opportunity for development. High vacancy rates can indicate an economic downturn, a lack of demand, or possibly that standards do not meet speculative renters’ needs. Low vacancy rates are, in general, considered a good thing as it means there is a good level of demand from customers, although low vacancy rates may also show a need for more development which is not being met. Since the beginning of the coronavirus (COVID-19) pandemic, vacancy rates in the office sector have been on the rise because of declining occupiers' demand. The major European office markets? London, Paris, and Stockholm were the most expensive markets for office real estate in Europe in 2023. In London, prime office space, which refers to a property of the highest quality, optimal location, and standard dimensions that are in accordance with the local demand, was able to fetch a staggering price of ***** euros per square meter. When it comes to total stock, Berlin ranked among the largest markets in Europe. Where is office space most profitable? According to 2024 forecast the UK is expected to see the most return on investment by 2025 and 2026 than Europe. Industry experts forecast that investment will have better prospects than development, and that central city offices will perform better than suburban offices.

A dashboard used by government agencies to monitor key performance indicators (KPIs) and communicate progress made on strategic outcomes with the general public and other interested stakeholders.

In the first quarter of 2025, the prime office vacancy rate in Phnom Penh was around **** percent. In comparison, the vacancy rate of prime office real estate in Seoul was about *** percent during the same period.

Taiwan Office Vacancy Rate: Taipei City Grade A data was reported at 8.010 % in Mar 2018. This records a decrease from the previous number of 9.010 % for Dec 2017. Taiwan Office Vacancy Rate: Taipei City Grade A data is updated quarterly, averaging 10.470 % from Dec 2003 (Median) to Mar 2018, with 58 observations. The data reached an all-time high of 14.450 % in Dec 2010 and a record low of 1.900 % in Mar 2004. Taiwan Office Vacancy Rate: Taipei City Grade A data remains active status in CEIC and is reported by Taiwan Real Estate Research Center. The data is categorized under Global Database’s Taiwan – Table TW.EB027: Office Rent Index and Vacancy Rate: Taiwan Real Estate Research Center, Cathay Real Estate Development Company Ltd.

Taiwan Office Vacancy Rate: Taipei City Grade B data was reported at 3.010 % in Sep 2018. This records a decrease from the previous number of 3.650 % for Jun 2018. Taiwan Office Vacancy Rate: Taipei City Grade B data is updated quarterly, averaging 9.010 % from Dec 2003 (Median) to Sep 2018, with 60 observations. The data reached an all-time high of 12.980 % in Jun 2010 and a record low of 3.010 % in Sep 2018. Taiwan Office Vacancy Rate: Taipei City Grade B data remains active status in CEIC and is reported by Taiwan Real Estate Research Center. The data is categorized under Global Database’s Taiwan – Table TW.EB027: Office Rent Index and Vacancy Rate: Taiwan Real Estate Research Center, Cathay Real Estate Development Company Ltd.

Graph and download economic data for Rental Vacancy Rate for the United States (USRVAC) from 1986 to 2024 about vacancy, rent, rate, and USA.

Vacancy rate of Office Buildings

Taiwan Office Vacancy Rate: Taipei City Grade A: Zhongxiao & Xiangyang Road data was reported at 0.220 % in Mar 2018. This records a decrease from the previous number of 2.300 % for Dec 2017. Taiwan Office Vacancy Rate: Taipei City Grade A: Zhongxiao & Xiangyang Road data is updated quarterly, averaging 7.600 % from Jun 2005 (Median) to Mar 2018, with 52 observations. The data reached an all-time high of 11.400 % in Dec 2012 and a record low of 0.220 % in Mar 2018. Taiwan Office Vacancy Rate: Taipei City Grade A: Zhongxiao & Xiangyang Road data remains active status in CEIC and is reported by Taiwan Real Estate Research Center. The data is categorized under Global Database’s Taiwan – Table TW.EB027: Office Rent Index and Vacancy Rate: Taiwan Real Estate Research Center, Cathay Real Estate Development Company Ltd.

Taiwan Office Vacancy Rate: Taipei City Grade A: Dunbei & Minsheng Road data was reported at 12.740 % in Mar 2018. This records an increase from the previous number of 12.430 % for Dec 2017. Taiwan Office Vacancy Rate: Taipei City Grade A: Dunbei & Minsheng Road data is updated quarterly, averaging 7.780 % from Dec 2003 (Median) to Mar 2018, with 58 observations. The data reached an all-time high of 16.680 % in Jun 2011 and a record low of 3.100 % in Dec 2005. Taiwan Office Vacancy Rate: Taipei City Grade A: Dunbei & Minsheng Road data remains active status in CEIC and is reported by Taiwan Real Estate Research Center. The data is categorized under Global Database’s Taiwan – Table TW.EB027: Office Rent Index and Vacancy Rate: Taiwan Real Estate Research Center, Cathay Real Estate Development Company Ltd.

The Arlington Profile combines countywide data sources and provides a comprehensive outlook of the most current data on population, housing, employment, development, transportation, and community services. These datasets are used to obtain an understanding of community, plan future services/needs, guide policy decisions, and secure grant funding. A PDF Version of the Arlington Profile can be accessed on the Arlington County website.

As of the third quarter of 2021, approximately **** percent of office real estate properties in Kyiv were vacant, which was the highest vacancy rate across the CEE region. In comparison, only *** percent of offices were vacant in Vilnius.

Taiwan Office Vacancy Rate: Taipei City Grade A: Ren'ai & Dunnan Road data was reported at 6.580 % in Mar 2018. This records a decrease from the previous number of 7.830 % for Dec 2017. Taiwan Office Vacancy Rate: Taipei City Grade A: Ren'ai & Dunnan Road data is updated quarterly, averaging 6.305 % from Jun 2005 (Median) to Mar 2018, with 52 observations. The data reached an all-time high of 9.100 % in Mar 2014 and a record low of 3.600 % in Mar 2012. Taiwan Office Vacancy Rate: Taipei City Grade A: Ren'ai & Dunnan Road data remains active status in CEIC and is reported by Taiwan Real Estate Research Center. The data is categorized under Global Database’s Taiwan – Table TW.EB027: Office Rent Index and Vacancy Rate: Taiwan Real Estate Research Center, Cathay Real Estate Development Company Ltd.

A dashboard used by government agencies to monitor key performance indicators (KPIs) and communicate progress made on strategic outcomes with the general public and other interested stakeholders.

Taiwan Office Vacancy Rate: Taipei City Grade A: Minsheng & Jianguo Road data was reported at 20.180 % in Sep 2018. This records an increase from the previous number of 9.680 % for Jun 2018. Taiwan Office Vacancy Rate: Taipei City Grade A: Minsheng & Jianguo Road data is updated quarterly, averaging 10.770 % from Dec 2003 (Median) to Sep 2018, with 60 observations. The data reached an all-time high of 38.680 % in Dec 2003 and a record low of 4.710 % in Mar 2017. Taiwan Office Vacancy Rate: Taipei City Grade A: Minsheng & Jianguo Road data remains active status in CEIC and is reported by Taiwan Real Estate Research Center. The data is categorized under Global Database’s Taiwan – Table TW.EB027: Office Rent Index and Vacancy Rate: Taiwan Real Estate Research Center, Cathay Real Estate Development Company Ltd.

This EnviroAtlas dataset portrays the vacancy rate for business addresses for each Census Tract for each year from 2010-2014. Vacant buildings are included if they remained vacant for more than one year. Data were compiled from the United States Postal Service (USPS) Vacant Address Data. This dataset was produced by the US EPA to support research and online mapping activities related to EnviroAtlas. EnviroAtlas (https://www.epa.gov/enviroatlas) allows the user to interact with a web-based, easy-to-use, mapping application to view and analyze multiple ecosystem services for the contiguous United States. The dataset is available as downloadable data (https://edg.epa.gov/data/Public/ORD/EnviroAtlas) or as an EnviroAtlas map service. Additional descriptive information about each attribute in this dataset can be found in its associated EnviroAtlas Fact Sheet (https://www.epa.gov/enviroatlas/enviroatlas-fact-sheets).

Displacement risk indicator classifying census tracts according to apartment vacancy rates and year-over-year vacancy rate change. Annual data available back to 2001.Note: Vacancy rate calculations include market-rate and mixed-income multifamily apartment properties with 5 or more rental units in Seattle, excluding special types like student, senior, corporate or military housing. Source: Data from CoStar Group, www.costar.com, prepared by City of Seattle, Office of Planning and Community Development

Vacancy rates in the German office market have risen since the beginning of the coronavirus pandemic. In the fourth quarter of 2023, Germany's capital city, Berlin, saw the third-lowest prime office vacancy rate at *** percent. That was an increase from *** percent recorded in 2022. The city with the lowest vacancy was Cologne, where *** percent of the offices were vacant.

Vacancy rates across the office real estate sector in the U.S. increased in the second quarter of 2025. This was in line with a general trend of rising vacancies that started in 2020 during the COVID-19 pandemic. In the second quarter of 2025, about **** percent of office space across the country was vacant. In some major U.S. markets, vacancies exceeded ***percent. With a considerable part of the workforce working from home or following a hybrid working model, businesses are cautious when it comes to upscaling or renewing leases. Workplaces may never be the same again The COVID-19 pandemic has changed the way that companies operate, with working from home becoming the new normal for many U.S. employees. The function of the office has evolved from the primary workplace to a space where employees collaborate, exchange ideas, and socialize. That has shifted occupiers’ attention toward spaces with modern designs that can accommodate the office of the future. Many businesses used the pandemic time to revisit their office guidelines, remodel, or do a full or partial fit-out. With so much focus on quality, older buildings with poorer design or energy performance are likely to suffer lower demand, resulting in a two-speed market. What do higher vacancy rates mean for investors? Simply put, if landlords do not have tenants, their income stream is disrupted, and they cannot service their debts. April 2023 data shows that several U.S. metros had a significantly high share of distressed office real estate debt. In Charlotte-Gastonia-Concord, NC-SC, more than one-third of the commercial mortgage-backed securities for offices were delinquent, in special servicing, or a combination of both. As of March 2025, offices had the highest delinquency rate in the commercial property sector.