The square meter cost of an office fit-out in different European cities ranged between 700 euros and 2,500 euros per square meter in 2023. Fitting out an office space was most expensive in London, England, where it cost almost 2,500 euros per square meter. In other markets, such as Sofia, and Istanbul, the cost was under 1,000 euros per square meter. A complete office fit-out includes the transformation of an empty space into a suitable office environment, including the necessary structures, electrical furnishings, mechanical equipment, and furniture. Out of the total cost,
Average office real estate fit-out cost in Europe in 2021 and 2023, by city (in euros per square meter)
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Other statistics that may interest you Office real estate in London (UK)
European overview
7
- Premium Statistic Prime rent of office real estate in Europe 2022-2023, by city
- Premium Statistic Vacancy rate of office real estate in Europe 2021-2023, by city
- Premium Statistic Prime yield for office real estate in Europe 2022-2023, by city
- Premium Statistic Take-up of office space in Europe 2022-2023, by city
- Premium Statistic Prime office real estate annual rental growth in Europe 2023-2027, by city
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- Premium Statistic Average office real estate fit-out cost in Europe 2021-2023, by city
Investments
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- Premium Statistic Total investment in commercial property market London 2009-2022, with a forecast 2027
- Premium Statistic Value of office real estate investment in London, England 2017-2023, by district
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Rents and yield
6
- Premium Statistic Prime rent of office real estate in central London 2013-2023
- Premium Statistic Prime office rent per square foot in different areas in London, England 2019-2023
- Basic Statistic Average and prime rental cost for office real estate in London West End 2000-2023
- Basic Statistic Prime headline rent for office real estate in London 2022-2023
- Premium Statistic Prime yield for office real estate in Central London, England 2013-2023
- Premium Statistic Prime yield of office real estate in Central London, England 2022-2023, by submarket
Take-up
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- Premium Statistic Office real estate take-up in London, England 2023, by area
- Basic Statistic Take-up of office real estate in Central London (UK) 2019-2023, by area
- Premium Statistic Year-on-year change in office real estate take-up in London, England 2023, by area
- Premium Statistic Office real estate take-up in the City of London, England 2014-2023, per quarter
- Premium Statistic Take-up of office real estate in London West End, England 2014-2023, per quarter
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Availability and vacancies
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- Basic Statistic Office property availability London (UK) 2022-2023, by area
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Further Content: You might find this interesting as well
Cushman & Wakefield. (May 5, 2023). Average office real estate fit-out cost in Europe in 2021 and 2023, by city (in euros per square meter) [Graph]. In Statista. Retrieved May 11, 2024, from https://www.statista.com/statistics/1340263/office-fit-out-cost-europe-by-city/
Cushman & Wakefield. "Average office real estate fit-out cost in Europe in 2021 and 2023, by city (in euros per square meter)." Chart. May 5, 2023. Statista. Accessed May 11, 2024. https://www.statista.com/statistics/1340263/office-fit-out-cost-europe-by-city/
Cushman & Wakefield. (2023). Average office real estate fit-out cost in Europe in 2021 and 2023, by city (in euros per square meter). Statista. Statista Inc.. Accessed: May 11, 2024. https://www.statista.com/statistics/1340263/office-fit-out-cost-europe-by-city/
Cushman & Wakefield. "Average Office Real Estate Fit-out Cost in Europe in 2021 and 2023, by City (in Euros per Square Meter)." Statista, Statista Inc., 5 May 2023, https://www.statista.com/statistics/1340263/office-fit-out-cost-europe-by-city/
Cushman & Wakefield, Average office real estate fit-out cost in Europe in 2021 and 2023, by city (in euros per square meter) Statista, https://www.statista.com/statistics/1340263/office-fit-out-cost-europe-by-city/ (last visited May 11, 2024)
Average office real estate fit-out cost in Europe in 2021 and 2023, by city (in euros per square meter) [Graph], Cushman & Wakefield, May 5, 2023. [Online]. Available: https://www.statista.com/statistics/1340263/office-fit-out-cost-europe-by-city/