Madrid tops list of world cities predicted to see a rise in office rental costs

LAST UPDATED: 28 Oct, 2015 @ 17:07
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madridMADRID’S cheap office rental prices give it the most potential for growth among leading world cities, a new report reveals.

At €26 per square metre a month, the Spanish capital is the tenth cheapest in Europe, according to property company Knight Frank’s Global Cities 2016 report.

And Madrid tops the list of cities predicted to see a rise in office rental costs over the next three years, ahead of Bombay and San Francisco.

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  1. Not so sure it’s a great draw nowadays, unless you can get a call centre to rent out the office space. Accommodation in central Madrid is in great demand, but can you say the same about office space?

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