Office vacancy rate in Madrid, the other business hub of Spain, is higher than in Barcelona.
It can be seen that between 2019 and 2021, the vacancy rate increased by almost two percent. In 2019 the office real state vacancy rate fell to the lowest value recorded in the period under consideration, a total of 6.7 percent. Vacancy rate year on year change for office real estate in Barcelona from 4th quarter 2013 to 3rd quarter 2021
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BNP Paribas. (November 24, 2021). Vacancy rate year on year change for office real estate in Barcelona from 4th quarter 2013 to 3rd quarter 2021 [Graph]. In Statista. Retrieved May 26, 2022, from https://www.statista.com/statistics/529699/office-real-estate-vacany-rate-barcelona-spain-europe/
BNP Paribas. "Vacancy rate year on year change for office real estate in Barcelona from 4th quarter 2013 to 3rd quarter 2021." Chart. November 24, 2021. Statista. Accessed May 26, 2022. https://www.statista.com/statistics/529699/office-real-estate-vacany-rate-barcelona-spain-europe/
BNP Paribas. (2021). Vacancy rate year on year change for office real estate in Barcelona from 4th quarter 2013 to 3rd quarter 2021. Statista. Statista Inc.. Accessed: May 26, 2022. https://www.statista.com/statistics/529699/office-real-estate-vacany-rate-barcelona-spain-europe/
BNP Paribas. "Vacancy Rate Year on Year Change for Office Real Estate in Barcelona from 4th Quarter 2013 to 3rd Quarter 2021." Statista, Statista Inc., 24 Nov 2021, https://www.statista.com/statistics/529699/office-real-estate-vacany-rate-barcelona-spain-europe/
BNP Paribas, Vacancy rate year on year change for office real estate in Barcelona from 4th quarter 2013 to 3rd quarter 2021 Statista, https://www.statista.com/statistics/529699/office-real-estate-vacany-rate-barcelona-spain-europe/ (last visited May 26, 2022)