The total office stock of Madrid, Spain was over 15 million square meters in the first quarter of 2024 and the decentralized zone made up nearly one third of it. The Central Business Area (CBD), which is the most expensive submarket for office rental and the area with the lowest vacancy rate, had only 2.7 million square meters of office real estate.
Total stock of office real estate in Madrid, Spain, in 1st quarter 2024, by submarket
(in million square meters)
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BNP Paribas Real Estate. (May 9, 2024). Total stock of office real estate in Madrid, Spain, in 1st quarter 2024, by submarket (in million square meters) [Graph]. In Statista. Retrieved September 20, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/874691/stock-of-office-premises-spain/
BNP Paribas Real Estate. "Total stock of office real estate in Madrid, Spain, in 1st quarter 2024, by submarket (in million square meters)." Chart. May 9, 2024. Statista. Accessed September 20, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/874691/stock-of-office-premises-spain/
BNP Paribas Real Estate. (2024). Total stock of office real estate in Madrid, Spain, in 1st quarter 2024, by submarket (in million square meters). Statista. Statista Inc.. Accessed: September 20, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/874691/stock-of-office-premises-spain/
BNP Paribas Real Estate. "Total Stock of Office Real Estate in Madrid, Spain, in 1st Quarter 2024, by Submarket (in Million Square Meters)." Statista, Statista Inc., 9 May 2024, https://www-statista-com.ezproxy.canberra.edu.au/statistics/874691/stock-of-office-premises-spain/
BNP Paribas Real Estate, Total stock of office real estate in Madrid, Spain, in 1st quarter 2024, by submarket (in million square meters) Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/874691/stock-of-office-premises-spain/ (last visited September 20, 2024)
Total stock of office real estate in Madrid, Spain, in 1st quarter 2024, by submarket (in million square meters) [Graph], BNP Paribas Real Estate, May 9, 2024. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/874691/stock-of-office-premises-spain/