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Marketbeat Offices Barcelona Q3

Marta Esclapés

Associate Director

Phone +34 93 487 59 06

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The take-up of office floorspace has reached 330,000 sq m over the year to date, an increase of 20% in comparison with the average for the past 5 years. Between July and September 2019 the demand for office floorspace amounted to 77,800 sq m.

The take-up of flexible workspaces continues to break records in Barcelona, representing some 28% of take-up during the third quarter of the year. The main deals corresponded to the leasing of 9,100 sq m in the Sertram Nou building (Zona Franca) and the relocation by Alcon to the WTC Almeda Park (Cornellà de Llobregat), where it will occupy 4,800 sq m.

During the third quarter, some 35% of contracts corresponded to floor areas of between 1,000 and 2,500 sq m, whereas deals of below 500 sq m represented some 30%. Around 12% of the total number of contracts signed corresponded to floor areas of between 2,500 and 5,000 sq m and 7% to sizes of between 5,000 and 10,000 sq m.