Prime rent of office real estate in Madrid, Spain 2013-2023

Published by Statista Research Department, Jun 24, 2024

The prime rent for office real estate in Madrid, Spain, has increased since 2013. Despite plateauing between 2019 and 2022, rents in the Spanish capital picked up in 2023, reaching 490 euros per square meter. 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, Spain, from 2013 to 2023 (in euros per square meter per year)

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Release date

February 2024

Region

Spain

Survey time period

2013 to 2023

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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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