Vacancy rate of office real estate in Madrid, Spain 2013-2023

Published by Statista Research Department, Jun 4, 2024

The office vacancy rate in Madrid, Spain decreased from 15.3 percent to 8.4 percent between 2013 and 2019. In the following years, the share of vacant offices has slowly increased year-on-year, reaching a value of 9.9 percent at the end of 2023.

Vacancy rate for office real estate in Madrid from 2013 to 2023

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Release date

February 2024

Region

Spain

Survey time period

2013 to 2023

Special properties

as of Q4 of each year

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Topics

Commercial real estate in SpainIndustrial and logistics real estate in EuropeCommercial real estate in the U.S.Office real estate market in EuropeRetail real estate market in Europe
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