Marketbeat Offices Madrid

Ramiro Rodriguez

Research Professional PhD

Phone +34 917 819 208

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The full report

The vacancy rate has remained at the same level as the first quarter, namely 10.7%. However, it lies at one percentage point below the figure one year ago. The majority of vacant floorspace is located on the Outskirts (548,000 sq m), where the vacancy rate stood at 14% at the close of this quarter. The CBD and Central district closed the quarter with rates of 7.8% and 4% respectively, the lowest for the city.