Leasing
The Vaud office market is entering a period of easing, with rising supply and a canton-wide availability rate of 4.6%.
Demand remains concentrated on new, well-connected space meeting current occupier standards. The pipeline totals 79,000 m², with 83% of space under development located in the Lausanne agglomeration. Secondary and peripheral assets are increasingly relying on incentives as supply grows.
Investment
Following two more challenging years, 2025 and H1 2026 have seen a pickup in completed office transactions across the canton.
Lausanne’s prime gross yield stands at 3.4%. Demand is broadening to include property funds, foreign investors and pension funds, while remaining selective towards older buildings and assets requiring significant capital expenditure.
DOWNLOAD Vaud Office Marketbeat H1 2026
