Prime office rental prices in selected European cities Q1 2019
Rental prices of prime office properties* in selected European cities as of 1st quarter 2019 (in euros per square meter per year)
by James Cherowbrier,
last edited
Sep 19, 2019
The statistic displays the rental prices per square meter per year of prime office spaces in selected European cities as of the first quarter 2019. 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 first quarter 2019. Rental cost for prime office properties in London's West End reached a value of 1,312 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 the first quarter 2019. Prime office real estate could be rented for 216 euros per square meter per year in Bucharest at that time, more than one sixth of the cost of rental in London's West End.
Rental prices of prime office properties* in selected European cities as of 1st quarter 2019 (in euros per square meter per year)
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| Annual cost per square meter in euros | |
|---|---|
| London West End | 1,312 |
| London City | 874 |
| Paris | 845 |
| Zurich | 738 |
| Moscow | 703 |
| Dublin | 673 |
| Geneva | 626 |
| Milan | 580 |
| Frankfurt | 522 |
| Amsterdam | 475 |
| Munich | 438 |
| Berlin | 432 |
| Madrid | 366 |
| Brussels | 320 |
| Vienna | 312 |
| Budapest | 294 |
| Warsaw | 288 |
| Prague | 270 |
| Barcelona | 270 |
| Bucharest | 216 |
| Annual cost per square meter in euros | |
|---|---|
| London West End | 1,312 |
| London City | 874 |
| Paris | 845 |
| Zurich | 738 |
| Moscow | 703 |
| Dublin | 673 |
| Geneva | 626 |
| Milan | 580 |
| Frankfurt | 522 |
| Amsterdam | 475 |
| Munich | 438 |
| Berlin | 432 |
| Madrid | 366 |
| Brussels | 320 |
| Vienna | 312 |
| Budapest | 294 |
| Warsaw | 288 |
| Prague | 270 |
| Barcelona | 270 |
| Bucharest | 216 |
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by James Cherowbrier,
last edited
Sep 19, 2019
The statistic displays the rental prices per square meter per year of prime office spaces in selected European cities as of the first quarter 2019. 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 first quarter 2019. Rental cost for prime office properties in London's West End reached a value of 1,312 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 the first quarter 2019. Prime office real estate could be rented for 216 euros per square meter per year in Bucharest at that time, more than one sixth of the cost of rental in London's West End.
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- Release date
- 2019
- Region
- Europe
- Survey time period
- 1st quarter 2019
- Supplementary notes
-
* Office rents are for prime city area Grade A space, 2,000 sqm.
Source
- Show sources information
- Show publisher information
- Release date
- 2019
More information
- Region
- Europe
- Survey time period
- 1st quarter 2019
- Supplementary notes
-
* Office rents are for prime city area Grade A space, 2,000 sqm.
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