Where is Europe’s cheapest office space?
Europe’s cheapest prime office space can be found in Bucharest, where $100m will buy you over 350,000 square feet. This is the finding of Knight Frank’s 2015 Skyscraper report.
The report investigates the price of prime office space around the world, including in Europe. The following chart shows how much prime office square footage $100m will buy you in European cities.
Following Bucharest in second place is Budapest. In Hungary’s capital city, $100m will get you 290,000 sq.ft. Just behind, in third, is Lisbon, with 276,000 sq.ft.
Europe’s cheapest office space is generally found in Eastern Europe, but Western European centres do feature high up the list – including Lisbon, Brussels and Copenhagen. The lowest square footage is found in some of Europe’s established financial and commercial centres – London right at the bottom, and Zurich and Paris.
To keep up with the Agenda subscribe to our weekly newsletter.
Author: Joe Myers is a Digital Content Producer at Formative Content.
Image: A worker cleans the windows of an office building in downtown Bucharest May 28, 2014. REUTERS/Bogdan Cristel
Don't miss any update on this topic
Create a free account and access your personalized content collection with our latest publications and analyses.
License and Republishing
World Economic Forum articles may be republished in accordance with the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International Public License, and in accordance with our Terms of Use.
The views expressed in this article are those of the author alone and not the World Economic Forum.
Stay up to date:
European Union
The Agenda Weekly
A weekly update of the most important issues driving the global agenda
You can unsubscribe at any time using the link in our emails. For more details, review our privacy policy.
More on Geographies in DepthSee all
Spencer Feingold
November 20, 2024
