DWS identifies 7 optimal locations for best-in-class office refurbishment in Europe

Although lower aggregate demand for office space is anticipated in the coming years, DWS believes offices will remain a key part of corporate strategy to facilitate collaboration, as well as attract and retain talent.

According to DWS’ latest report, The transformation of European offices, climate change, decarbonization and ESG considerations are increasingly at the forefront of both occupier and investor decisions and are increasingly driving demand for highly sustainable office buildings.

DWS sees the transformation of well-located, grade-B offices into best-in-class, sustainable next-generation office assets as an attractive value-add investment opportunity, particularly in fast-growing, sought-after cities.

DWS analyzed and scored 30 major European cities on key metrics, identifying seven as strategic primary targets for a best-in-class office refurbishment strategy. These cities include London West End & City, central Paris, Munich, Berlin,