Office: prime rents in Europe H1 2021

The statistic displays the prime headline costs of office rent across European cities as of the first half of 2021 in euros, per square meter per month. In the graph displayed, prime headline office rents have been calculated at the expected price for a grade A unit between 500 and one thousand square meters in the central business district (CBD) of each city displayed.

As of the first half of 2021, the West end area of London had the highest prime headline rents at 125.5 euros per square meter per month. This was roughly 50 euros per square meter more than Paris and London (City) , which had the second and third highest rents respectively displayed.

Prime headline rents of office space in selected European cities as of 1st half of 2021 (in euros per square meter per month)

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Release date

2021

More information

Region

Europe

Survey time period

H1 2021

Supplementary notes

The source added the following definitions "The Prime CBD Headline Rent represents the rent that could be expected for a unit of standard size commensurate with demand (typically 500-1,000 sq m for offices), for space of the highest quality and specification (Grade A) in the CBD area at the survey date. "

Currency Rates (30/06/2021 - ECB):
1 EUR = 0.86 GBP (United Kingdom),
10.11 SEK (Sweden), 10.17 NOK (Norway),
7.43 DKK (Denmark), 1.19 USD (Egypt,
Georgia, Russia, Turkey, UAE, Ukraine),
4.42 SAR (KSA), 17.01 ZAR (South Africa),
128.21 KES (Kenya)

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