Office rental prices are growing up for the first time in the last six years

The price per square metre of office rentals in Barcelona stood at €234 a year in 2015, according to the report EMEA Rents and Yields, prepared by CB Richard Ellis. Prices have increased almost 10% compared to a year ago, after remaining stable the previous year, and having decreased the four previous years to that. This trend means Barcelona has climbed five positions, moving from the 45th spot to 40th position in the ranking for office rental prices from a total of 58 selected cities in the area of Europe, Middle East and Africa. Despite the increases in price last year, Barcelona is still located in the lower-to-middle range of the selected sample, with prices similar to Prague and Copenhagen, but well below the reference cities like Dublin, Milan, Amsterdam and Lyon. In comparison, the city of Madrid is located in a higher position than Barcelona, with office rental prices of 312 € m2 and growth last year of 5.1%.

The yield obtained from renting offices in Barcelona was 4.9% in 2015, according to CB Richard Ellis, very similar to cities like Amsterdam, Dublin and Madrid, among others.