Rental prices of prime office properties in selected European cities as of 4th quarter 2016 (in euros per square meter per year)

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Annual cost per square meter in euros
London West End1,324
London City883
Paris770
Moscow760
Zurich746
Geneva699
Dublin646
Stockholm636
Milan500
Oslo473
Frankfurt462
Munich432
Edinburgh416
Helsinki396
Amsterdam365
Berlin360
Madrid336
Vienna309
Brussels300
Hamburg300
Warsaw288
Budapest264
Barcelona258
Copenhagen242
Prague234
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 end of 2016. 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 December. Rental cost for prime office properties in London's West End reached a value of 1,324 euros per square meter per year, and in London city rental costs reached a value of 883 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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