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Office take-up in Barcelona rises by 21% in the first quarter of 2022
According to the Office Pulse report, the office market continues to recover.
The office market in Barcelona is thriving in its recovery from the impact of the pandemic, and closed the first quarter of 2022 with a 21% increase in office take-up.
Between January and March 2022, a total of 91,000 square metres of office space was contracted in the city. Of these contracted offices, 37% were located in the periphery, 27% in the centre, 26% in new business areas and 10% in “business districts”.
According to Office Leasing, the Catalan capital will have a total of 322,000 square metres of new office space by 2022, 33% of which has already been pre-let.
CBRE forecasts that office take-up in Barcelona will exceed 300,000 square metres by 2022. “A city capable of attracting companies is a city capable of attracting investment,” said the head of CBRE Barcelona, Xavier Güell, who said that in 2021 the Catalan capital broke a historical record by becoming the European city with the greatest exposure to the technology sector.
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