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

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Annual cost per square meter in euros
London West End1,223
London City856
Paris772
Zurich732
Geneva686
Moscow684
Stockholm669
Dublin646
Milan520
Frankfurt474
Oslo448
Munich432
Edinburgh410
Helsinki396
Amsterdam390
Berlin360
Madrid348
Vienna309
Hamburg306
Brussels300
Warsaw276
Barcelona270
Budapest264
Copenhagen249
Prague240
Lisbon222
Bucharest216
© Statista 2017

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About This Statistic

The statistic displays the rental prices per square meter per year of prime office spaces in selected European cities as of the 2nd 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 June. Rental cost for prime office properties in London's West End reached a value of 1,311 euros per square meter per year, and in London city rental costs reached a value of 874 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 2016. Prime office real estate could be rented for 216 euros per square meter per year in Bucharest at that time, less that one sixth of the cost of rental in London's West End.

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