08
January
2025


Share on networks

Barcelona’s 22@ district closed 2024 with a total office leasing volume of 80,000 square metres, marking its second-best performance over the past five years. These figures, published by the real estate consultancy CBRE in its latest report, underline the recovery of the city’s technological district.

This recovery has been driven primarily by the strong performance of 22@ Glòries, while availability in 22@ Nord remains high despite a fourfold increase in leasing activity. CBRE’s report also notes that, across Barcelona, the office vacancy rate stands at 14.4%, with an average rent of €20.4 per square metre.

These results signal the district’s regained prominence in Barcelona after challenging years in terms of leasing activity. The rise of remote work due to COVID-19 and the sector’s downturn led to a significant drop just as 22@ had been breaking records in attracting companies, leasing office space and launching new developments.

Notably, most of the leasing activity occurred in 22@ Sud, the district’s largest area, with a stock of 798,000 m2, representing 56% of the technological district’s total. Meanwhile, 22@ Glòries currently has a stock of 403,000 m2 (28% of the total), and 22@ Nord accounts for 14% with a stock of 220,000 m2.

Finally, CBRE highlights that, with Barcelona’s current office vacancy rate, the city’s absorption capacity stands at 4.6%, placing it as the fourth-ranked European city in this metric. It follows London (6.9%), Warsaw (6.3%) and Budapest (6.2%) and ranks ahead of Lisbon (4.5%), Dublin (4.2%) and Frankfurt (3.8%).

 

Share on networks

Related news

Llum verda a l’ampliació de l’aeroport del Prat: una inversió de 3.200 milions d’euros per assolir els 70 milions de passatgers

News

El Prat airport expansion gets green light: €3.2 billion to be invested to reach 70 million passengers

Barcelona, entre el ‘top cinc’ dels principals hubs de startups de la Unió Europea per segon any consecutiu

News

Barcelona among top five start-up hubs in European Union for second year in a row

El nou Campus Barcelona de Smith+Nephew consolida Catalunya com a referent de la innovació sanitària a Europa

News

New Smith+Nephew Barcelona Campus consolidates Catalonia as European benchmark in healthcare innovation

Les ciències de la vida a Catalunya es consoliden com a eix d’innovació i creixement: 220 milions d’inversió i 8,7% del PIB

News

Consolidation of life sciences in Catalonia as driving force for innovation and growth: €220 million invested and 8.7% of GDP

Barcelona Catalonia
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.