Savills says that global prime office leasing volumes remained stable in first half 2026, with expansionary deals accounting for 58 percent of all activity, indicating that more companies targeting the top tier of office space are moving into growth mode. Only 5 percent of top office deals involved occupiers reducing space, while the share relocating or renewing at a similar footprint fell to 37 percent in first half 2026, down from 44 percent in second half 2025.
In its first half Market Makers report, Savills examined the 10 biggest deals in 47 cities around the world. Flexible office providers were the occupier group most likely to expand their space in first half 2026, with 78 percent of the deals representing expansions. More than half (56 percent) of these deals were for new office space within markets where they already have a presence, suggesting flex providers are deepening their footprint in selected cities.
Savills says that net “all-in” prime office oc
