Prime yield for office real estate in Barcelona, Spain 2013-2023
The net office prime yield in Barcelona, Spain, increased for the second year in a row in 2023. In the fourth quarter, the prime yield amounted to 4.3 percent, up from 3.25 percent in 2019 when yields were at their lowest. The net prime yield refers to the ratio of net income to purchase price of a property of highest specification, the best location, and standard size commensurate with local demand. Across the major European markets, the lowest yields were found in Geneva, Zurich, and Paris.
