Rental prices of prime office properties in selected European cities as of 2nd quarter 2017 (in euros per square meter per year)

Prime office rental prices in selected European cities 2nd quarter 2017 The statistic displays the rental prices per square meter per year of prime office spaces in selected European cities as of the 4th quarter 2017. Office properties generally fulfill a number of criteria in order to be considered "prime properties". These criteria range from good location (in the major commercial centers), to public transport accessibility and energy efficiency of the premises. It can be seen that the most expensive prime office spaces were rented out in London, the United Kingdom, according to figures as of the end of 2017. Rental cost for prime office properties in London's West End reached a value of 1,212 euros per square meter per year, and in London city rental costs reached a value of 848 euros per square meter per year. The cheapest rental prices for prime office properties, in the cities involved in this study, were found in Bucharest, Romania, as of the end of 2017. Prime office real estate could be rented for 216 euros per square meter per year in Bucharest at that time, less that one fifth of the cost of rental in London's West End.
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Annual cost per square meter in euros
London West End1,212
London City848
Paris810
Stockholm691
Zurich684
Dublin673
Moscow654
Geneva641
Milan530
Munich530
Frankfurt480
Oslo437
Edinburgh406
Amsterdam400
Berlin396
Helsinki396
Madrid366
Brussels320
Hamburg312
Vienna309
Warsaw276
Budapest276
Barcelona270
Copenhagen255
Prague246
Lisbon234
Bucharest216
Annual cost per square meter in euros
London West End1,212
London City848
Paris810
Stockholm691
Zurich684
Dublin673
Moscow654
Geneva641
Milan530
Munich530
Frankfurt480
Oslo437
Edinburgh406
Amsterdam400
Berlin396
Helsinki396
Madrid366
Brussels320
Hamburg312
Vienna309
Warsaw276
Budapest276
Barcelona270
Copenhagen255
Prague246
Lisbon234
Bucharest216
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The statistic displays the rental prices per square meter per year of prime office spaces in selected European cities as of the 4th quarter 2017. Office properties generally fulfill a number of criteria in order to be considered "prime properties". These criteria range from good location (in the major commercial centers), to public transport accessibility and energy efficiency of the premises. It can be seen that the most expensive prime office spaces were rented out in London, the United Kingdom, according to figures as of the end of 2017. Rental cost for prime office properties in London's West End reached a value of 1,212 euros per square meter per year, and in London city rental costs reached a value of 848 euros per square meter per year. The cheapest rental prices for prime office properties, in the cities involved in this study, were found in Bucharest, Romania, as of the end of 2017. Prime office real estate could be rented for 216 euros per square meter per year in Bucharest at that time, less that one fifth of the cost of rental in London's West End.
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Release date
2018
Region
Europe
Survey time period
4th quarter 2017

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