The change in occupied office space over a period — positive or negative.

  • The change in occupied office space over a period — positive or negative.
  • Net absorption equals leased space less vacated space less newly delivered vacant space.

Net absorption

Market metric · Global

Short definition

The change in occupied office space over a period — positive or negative.

Full definition

Net absorption equals leased space less vacated space less newly delivered vacant space. The cleanest measure of underlying tenant demand. Positive net absorption signals a tightening market; negative signals a softening market.

Why this matters for Class A leasing

Net absorption is part of the market metric vocabulary that institutional Class A occupiers, landlords, and advisers use across Global markets. Understanding it correctly affects how you read lease documents, model occupancy economics, and benchmark deal terms across cities. Class A Atlas tracks regional variation alongside the global standard so cross-border occupiers can translate quickly.

See also