房地产 -洛桑快照办公室2025年第三季度 Snapshot Office Lausanne Q3 2025

CBRERESEARCH©2025CBRE,INC.

FIGURES|OFFICE|Q32025

Switzerland-Lausanne

KeyPerformanceIndicators(Q32025)

PrimeYieldCityofLausanne

PrimeRentCityofLausanne

TakeupCityofLausanne

3.10%

CHF450

10K

ExpectedInvestmentReturns

Yearly,persqm

SquareMeters

ChangeYonY:-10bps

ChangeYonY:0.00%

31KYear2Date

PrimeYieldLausannesuburbs

PrimeRentLausannesuburbs

Take-upLausannesuburbs

4.20%

CHF380

10K

ExpectedInvestmentReturns

Yearly,persqm

SquareMeters

ChangeYonY:-5bps

ChangeYonY:0.00%

33KYear2Date

AvailabilityRate

AvailabilityRate

TotalStockCityofLausanne

CityofLausanne

Lausannesuburbs

andSuburbs

2.7%

9.4%

2.765M

PercentageofStockAvailable

PercentageofStockAvailable

SquareMeters

ChangeYonY:31bps

ChangeYonY:2bps

OficesupplyinLausannewentupinQ32025,butoutsidetheCBD,wherevacantspaceremained

sought-afterbytenants.TherenovationoftheHôteldesPostes(CBD)andtheconstructionofthelastbuildinginRhodanie40(South)bytheendof2025willprovidenewGradeAoficespacethatis

missinginprimelocaltions.ThewesternsuburbsofLausannehaveseenincreasedvacancyduetothedeliveryoflargenewbuildingsinBussigny/Crissierlastyear.

MostoftheprojectsunderconstructionorwithabuildingpermissiongrantedarelocatedinthewestofLausanne:around140,000sqmofoficeshouldbecompletedby2028,andatleastasmuchmore

spaceisplannedinthemediumterm(by2030).Themainfullyoccupiedprojectsinclude

owner-occupiers(RTS,Swissquote)orlargetenants(DataScienceCenterInstitute).MultitenantoficeprojectsaremostlylocatedinMalley,Chavannes,Ecublensandstillincludeasignificantproportionofnon-preletspace.Theemergenceofmixedprojects(ofice/industrial)shouldcontinuetopushvacancyrateshigherintheoutskirts.

Demandessentiallyconsistsofsmallandmediumtransactions(<1,000sqm).AfewtransactionsoflargersizeoccuredinLausanneCBD,inMalleyandintheBiopôle.Thelifesciencesandhigh-tech

sectorsremainakeyengineforrentaldemandintheregion,asshownbythecommercialsuccessof

Biopôle'snewbuildings.However,theuncertaintyaroundtheimplementationoftheUStarifdealmaystillimpactcompanies'expansionstrategies,althoughafewlargeinternationalcorporateshadalreadyreducedfootprintintheregionbeforethetarifannouncement.

RentsremainstableinLausannewithanupwardtrendinprimelocations.Thestrongcompetitiontoattracttenantsintheoutskirtsimpliesgreaterincentivesgrantedbylandlords.

PrimeRent(CHF/sqmp.a.)

MarketTrend(Take-up|PrimeRent)

Take-up(sqm)

160K

120K

80K

40K

0K

2016

2017

2018

2019

2020

2021

2022

2023

2024

2025

CHF500

CHF450

CHF400

CHF350

CHF300

CityofLausanneLausannesuburbsPrimeRentCityofLausanne

DevelopmentActivityinCityofLausanneandSuburbs(Completions|AvailabilityRate)

Completions(sqm)

160K

120K

80K

40K

0K

2016

2017

2018

2019

2020

2021

2022

2023

2024

2025

2026

6.00%

5.00%

4.00%

3.00%

2.00%

AvailabilityRate(lastQ)

ForecastedCompletionsCompletionsAvailabilityRate

FIGURES|OFFICE|Q32025

©2025CBRE,INC.

CBRERESEARCH

Submarket

Availability(sqm)

AvailabilityRate

MedianAskingRent

(persqmp.a.)

PrimeTransactionRent

(persqmp.a.)

CBD

12,000

1.7%

CHF335

CHF450

North/East

10,000

2.5%

CHF285

CHF350

South

12,000

3.7%

CHF340

CHF435

West

9,000

4.8%

CHF280

CHF350

CityofLausanne

43,000

2.7%

CHF315

CHF450

Lausannesuburbs

108,000

9.4%

CHF250

CHF380

Contacts

DavidSchoch

DirectorResearch&Consul弋ng+41442263059

david.schoch@

JulienScarpa

AssociateDirectorResearch&Consul弋ng

+41215607366

julien.scarpa@

NicoleWeber

Execu弋veDirectorAdvisory&Transac弋onServices

+41223228067

nicole.weber@

OficeMarketBoundariesofCityofLausanneandSuburbs

©Copyright2025.Allrightsreserved.Thisreporthasbeenpreparedingoodfaith,basedonCBRE’scurrentanecdotalandevidencebasedviewsofthecommercialrealestatemarket.AlthoughCBREbelievesitsviewsreflectmarketconditionsonthedateofthispresentation,theyaresubjecttosignificantuncertaintiesandcontingencies,manyofwhicharebeyondCBRE’scontrol.Inaddition,manyofCBRE’sviewsare

opinionand/orprojectionsbasedonCBRE’ssubjectiveanalysesofcurrentmarketcircumstances.Otherfirmsmayhavediferentopinions,projectionsandanalyses,andactualmarketconditionsinthefuturemaycauseCBRE’scurrentviewstolaterbeincorrect.CBREhasnoobligationtoupdateitsviewshereinifitsopinions,projections,analysesormarketcircumstanceslaterchange.

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