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Marketbeat Offices offers an analysis on the current Madrid office market, supply, demand, investment and trends within the Real Estate sector.
Gross take-up of office floorspace amounted to 515,050 sq m between January and September 2019, some 40% more than for the same period in 2018. The take-up of office floorspace in the Madrid market and its area of influence reached 158,000 sq m during the third quarter of 2019.
The average size of deal continued to trend upwards, reaching 1,950 sq m at the close of the third quarter of 2019. This is evidence of the greater floorspace needs of firms during the current market phase in Madrid.
Marketbeat Offices offers an analysis on the current Barcelona office market, supply, demand, investment and trends within the Real Estate sector.
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.
Q3 2019 issue of DNA of Real Estate tracks prime rents and yields in 46 cities across Europe, covering the key office, logistics and high street destinations. It has an overview of quarterly performance, and a summary of prime rents and yields for the cities and markets.
Retail MarketBeat is a brief summary of the Retail sector in key cities, providing comment on recent trends as well as market data and analysis of the impact on commercial real estate.
Office MarketBeat is a brief summary of the Office sector in key cities, providing comment on recent trends as well as market data and analysis of the impact on commercial real estate.