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The office market in the Lyon Region - Q2 2014

​- Lyon market suffered from a lack of large transactions in the first three months of the year. The second quarter marked the return of large users: 16 of the 19 transactions of over 1,000 m² have signed this period. Overall take-up displays a volume of 108,000 m² in late June.
- Prime rent for Part-Dieu now stands at 310 €/m² /year on high rise buildings and 270 € for traditional buildings.
- The vacancy rate remains below 6% throughout the city.
- With 352 million euros invested, the Lyon investment market achieves a good first semester, thanks to a 3.6% increase compared to the 2013 six first months.
- The market is mainly based on average-sized operations: The transactions number is 74% composed of volumes below 15 million euros.
- The 7 largest deals amounts to 240 million euros.
- The largest sale of the semester is the Incity tower disposal (confidential sale price).
- The strong demand for prime and secured products, confronted to an insufficient level of supply, put pressure on prime yields in 2013. These ones were squeezed to 5.65% for the best assets located in La Part-Dieu.

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