Lisbon ranks 16th among the European cities most resilient to the impact of Artificial Intelligence (AI) on the office market, according to a new Savills study.

The capital stands out for the dynamism of its business hubs and the quality of its available tech talent, remaining competitive in a context of accelerated digital transformation.

London, Berlin, Munich, Paris and Dublin top the list, benefiting from consolidated tech ecosystems and high professional specialisation – key factors in sustaining demand for workspace in an era shaped by AI, Machine Learning (ML) and Data Science.

According to Savills, these characteristics provide greater resilience to the effects of AI on the sector, particularly with regard to potential reductions in demand or profound shifts in work models.

Frederico Leitão de Sousa, Head of Offices at Savills, comments: “At a time when global investment in AI is rapidly increasing and redefining work models, the cities that are able to attract qualified talent and develop robust tech clusters will lead the future of the office market. Portugal has consistently demonstrated this capacity, being sought not only for its cost competitiveness but also for the quality of its human capital, digital infrastructure and the growing presence of tech hubs.”

The ‘big tech’ giants are fuelling this race: Google, Amazon, Microsoft and Meta plan to invest 750 billion dollars in servers and data centres by 2026. In the first nine months of 2025, European AI and Machine Learning startups raised 16 billion euros in venture capital, reinforcing the stability of office markets in cities with mature technological networks.

London exemplifies this leadership, having attracted 26.5 billion euros in AI-related venture investment over the past ten years and boasting a talent pool of 120,000 software engineers.

Mike Barnes, Director of the European Commercial Research team at Savills, warns: “AI represents an additional long-term risk for the office sector, but we believe changes in jobs will be gradual, with roles being augmented – not replaced – by technology. According to Oxford Economics, office employment in the EU is expected to grow by 4% over the next 10 years, driven by new roles such as AI engineers, data scientists and AI ethics leads.”

Christina Sigliano, EMEA Head of Global Occupier Services at Savills, concludes: “Skills such as interpersonal relations, creativity and leadership will become increasingly valued by employers. Offices will evolve to enhance human interaction, including larger meeting rooms, focus areas and collaborative spaces adapted to different activities.”