Prime rent of office real estate in Madrid 2013-2022

Published by Statista Research Department, Apr 7, 2023
Between 2013 and 2019 the annual prime rent in Madrid increased by 147 euros, to a total of 435 euros per square meter per year in the fourth quarter of 2019. Annual prime rent for office real estate in the Spanish capital has since fluctuated on an annual basis and reached 441 euros per square meter in 2022. Across key European markets, Madrid office rents ranked alongside Amsterdam, Rome, Helsinki, Hamburg, and Dusseldorf. Nevertheless, Madrid also had one of the highest vacancy rates.

Prime rent for office real estate in Madrid from 2013 to 2022 (in euros per square meter per year)

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Release date

February 2023

Region

Spain

Survey time period

Q4 2013 to Q4 2022

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