Investment climate; office rents international comparison, 2001-2013

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Investment climate; office rents international comparison, 2001-2013

Countries Periods Office rents and occupancy costs (USD per square metre per year)
Australia - Sydney 2001 January 374
Australia - Sydney 2001 July 373
Australia - Sydney 2002 January 360
Australia - Sydney 2002 July 414
Australia - Sydney 2003 January 397
Australia - Sydney 2003 August 472
Australia - Sydney 2004 January 527
Australia - Sydney 2004 August 490
Australia - Sydney 2005 January 540
Australia - Sydney 2005 August 435
Australia - Sydney 2006 May 426
Australia - Sydney 2006 November 462
Australia - Sydney 2007 May 529
Australia - Sydney 2007 November 563
Australia - Sydney 2008 May 738
Australia - Sydney 2008 November 639
Australia - Sydney 2009 May 456
Australia - Sydney 2009 November 560
Australia - Sydney 2010 May 574
Australia - Sydney 2010 November 615
Australia - Sydney 2012 April 1,269
Australia - Sydney 2013 April 1,283
Austria - Vienna 2001 January 291
Austria - Vienna 2001 July 250
Austria - Vienna 2002 January 259
Austria - Vienna 2002 July 297
Austria - Vienna 2003 January 319
Austria - Vienna 2003 August 341
Austria - Vienna 2004 January 374
Austria - Vienna 2004 August 360
Austria - Vienna 2005 January 397
Austria - Vienna 2005 August 361
Austria - Vienna 2006 May 361
Austria - Vienna 2006 November 379
Austria - Vienna 2007 May 407
Austria - Vienna 2007 November 450
Austria - Vienna 2008 May 520
Austria - Vienna 2008 November 488
Austria - Vienna 2009 May 452
Austria - Vienna 2009 November 485
Austria - Vienna 2010 May 448
Austria - Vienna 2010 November 452
Austria - Vienna 2012 April 475
Austria - Vienna 2013 April 461
Belgium - Brussels 2001 January 291
Belgium - Brussels 2001 July 297
Belgium - Brussels 2002 January 313
Belgium - Brussels 2002 July 366
Belgium - Brussels 2003 January 426
Belgium - Brussels 2003 August 471
Belgium - Brussels 2004 January 510
Belgium - Brussels 2004 August 534
Belgium - Brussels 2005 January 583
Belgium - Brussels 2005 August 531
Belgium - Brussels 2006 May 544
Belgium - Brussels 2006 November 571
Belgium - Brussels 2007 May 600
Belgium - Brussels 2007 November 642
Belgium - Brussels 2008 May 697
Belgium - Brussels 2008 November 618
Belgium - Brussels 2009 May 543
Belgium - Brussels 2009 November 582
Belgium - Brussels 2010 May 537
Belgium - Brussels 2010 November 595
Belgium - Brussels 2012 April 581
Belgium - Brussels 2013 April 559
Canada - Calgary 2001 January .
Canada - Calgary 2001 July .
Canada - Calgary 2002 January .
Canada - Calgary 2002 July .
Canada - Calgary 2003 January .
Canada - Calgary 2003 August .
Canada - Calgary 2004 January .
Canada - Calgary 2004 August .
Canada - Calgary 2005 January .
Canada - Calgary 2005 August .
Canada - Calgary 2006 May .
Canada - Calgary 2006 November 576
Canada - Calgary 2007 May 597
Canada - Calgary 2007 November 693
Canada - Calgary 2008 May 713
Canada - Calgary 2008 November .
Canada - Calgary 2009 May .
Canada - Calgary 2009 November .
Canada - Calgary 2010 May .
Canada - Calgary 2010 November .
Canada - Calgary 2012 April .
Canada - Calgary 2013 April .
Canada - Toronto (CBD) 2001 January 408
Canada - Toronto (CBD) 2001 July 383
Canada - Toronto (CBD) 2002 January 367
Canada - Toronto (CBD) 2002 July 376
Canada - Toronto (CBD) 2003 January 371
Canada - Toronto (CBD) 2003 August 386
Canada - Toronto (CBD) 2004 January 449
Canada - Toronto (CBD) 2004 August 385
Canada - Toronto (CBD) 2005 January 465
Canada - Toronto (CBD) 2005 August 406
Canada - Toronto (CBD) 2006 May 543
Canada - Toronto (CBD) 2006 November 568
Canada - Toronto (CBD) 2007 May 562
Canada - Toronto (CBD) 2007 November 686
Canada - Toronto (CBD) 2008 May 672
Canada - Toronto (CBD) 2008 November 662
Canada - Toronto (CBD) 2009 May 558
Canada - Toronto (CBD) 2009 November 654
Canada - Toronto (CBD) 2010 May 644
Canada - Toronto (CBD) 2010 November 636
Canada - Toronto (CBD) 2012 April 766
Canada - Toronto (CBD) 2013 April 661
Czech Republic - Prague 2001 January 281
Czech Republic - Prague 2001 July 285
Czech Republic - Prague 2002 January 284
Czech Republic - Prague 2002 July 310
Czech Republic - Prague 2003 January 327
Czech Republic - Prague 2003 August 345
Czech Republic - Prague 2004 January 374
Czech Republic - Prague 2004 August 372
Czech Republic - Prague 2005 January 389
Czech Republic - Prague 2005 August 404
Czech Republic - Prague 2006 May 346
Czech Republic - Prague 2006 November 380
Czech Republic - Prague 2007 May 413
Czech Republic - Prague 2007 November 437
Czech Republic - Prague 2008 May 603
Czech Republic - Prague 2008 November 579
Czech Republic - Prague 2009 May 573
Czech Republic - Prague 2009 November 566
Czech Republic - Prague 2010 May 535
Czech Republic - Prague 2010 November 524
Czech Republic - Prague 2012 April 527
Czech Republic - Prague 2013 April 511
Denmark - Copenhagen 2001 January 287
Denmark - Copenhagen 2001 July 280
Denmark - Copenhagen 2002 January 291
Denmark - Copenhagen 2002 July 316
Denmark - Copenhagen 2003 January 335
Denmark - Copenhagen 2003 August 368
Denmark - Copenhagen 2004 January 400
Denmark - Copenhagen 2004 August 381
Denmark - Copenhagen 2005 January 416
Denmark - Copenhagen 2005 August 378
Denmark - Copenhagen 2006 May 381
Denmark - Copenhagen 2006 November 410
Denmark - Copenhagen 2007 May 452
Denmark - Copenhagen 2007 November 494
Denmark - Copenhagen 2008 May 562
Denmark - Copenhagen 2008 November 498
Denmark - Copenhagen 2009 May 476
Denmark - Copenhagen 2009 November 498
Denmark - Copenhagen 2010 May 450
Denmark - Copenhagen 2010 November 453
Denmark - Copenhagen 2012 April 458
Denmark - Copenhagen 2013 April 436
Finland - Helsinki 2001 January 335
Finland - Helsinki 2001 July 319
Finland - Helsinki 2002 January 326
Finland - Helsinki 2002 July 354
Finland - Helsinki 2003 January 336
Finland - Helsinki 2003 August 364
Finland - Helsinki 2004 January 387
Finland - Helsinki 2004 August 377
Finland - Helsinki 2005 January 398
Finland - Helsinki 2005 August 365
Finland - Helsinki 2006 May 402
Finland - Helsinki 2006 November 363
Finland - Helsinki 2007 May 473
Finland - Helsinki 2007 November 475
Finland - Helsinki 2008 May 616
Finland - Helsinki 2008 November 562
Finland - Helsinki 2009 May 512
Finland - Helsinki 2009 November 537
Finland - Helsinki 2010 May 477
Finland - Helsinki 2010 November 580
Finland - Helsinki 2012 April 555
Finland - Helsinki 2013 April 545
France - Paris 2001 January 908
France - Paris 2001 July 864
France - Paris 2002 January 824
France - Paris 2002 July 901
France - Paris 2003 January 882
France - Paris 2003 August 975
France - Paris 2004 January 1,016
France - Paris 2004 August 902
France - Paris 2005 January 1,038
France - Paris 2005 August 964
France - Paris 2006 May 993
France - Paris 2006 November 1,136
France - Paris 2007 May 1,202
France - Paris 2007 November 1,372
France - Paris 2008 May 1,528
France - Paris 2008 November 1,417
France - Paris 2009 May 1,237
France - Paris 2009 November 1,319
France - Paris 2010 May 1,219
France - Paris 2010 November 1,246
France - Paris 2012 April 1,333
France - Paris 2013 April 1,284
Germany - Frankfurt am Main 2001 January 628
Germany - Frankfurt am Main 2001 July 654
Germany - Frankfurt am Main 2002 January 651
Germany - Frankfurt am Main 2002 July 610
Germany - Frankfurt am Main 2003 January 614
Germany - Frankfurt am Main 2003 August 660
Germany - Frankfurt am Main 2004 January 651
Germany - Frankfurt am Main 2004 August 634
Germany - Frankfurt am Main 2005 January 676
Germany - Frankfurt am Main 2005 August 684
Germany - Frankfurt am Main 2006 May 582
Germany - Frankfurt am Main 2006 November 606
Germany - Frankfurt am Main 2007 May 654
Germany - Frankfurt am Main 2007 November 726
Germany - Frankfurt am Main 2008 May 889
Germany - Frankfurt am Main 2008 November 798
Germany - Frankfurt am Main 2009 May 735
Germany - Frankfurt am Main 2009 November 812
Germany - Frankfurt am Main 2010 May 750
Germany - Frankfurt am Main 2010 November 756
Germany - Frankfurt am Main 2012 April 739
Germany - Frankfurt am Main 2013 April 711
Hungary - Budapest 2001 January 269
Hungary - Budapest 2001 July 259
Hungary - Budapest 2002 January 254
Hungary - Budapest 2002 July 267
Hungary - Budapest 2003 January 283
Hungary - Budapest 2003 August 305
Hungary - Budapest 2004 January 330
Hungary - Budapest 2004 August 322
Hungary - Budapest 2005 January 352
Hungary - Budapest 2005 August 459
Hungary - Budapest 2006 May 377
Hungary - Budapest 2006 November 397
Hungary - Budapest 2007 May 435
Hungary - Budapest 2007 November 484
Hungary - Budapest 2008 May 549
Hungary - Budapest 2008 November 500
Hungary - Budapest 2009 May 433
Hungary - Budapest 2009 November 472
Hungary - Budapest 2010 May 436
Hungary - Budapest 2010 November 440
Hungary - Budapest 2012 April 430
Hungary - Budapest 2013 April 414
Ireland - Dublin 2001 January 571
Ireland - Dublin 2001 July 547
Ireland - Dublin 2002 January 568
Ireland - Dublin 2002 July 621
Ireland - Dublin 2003 January 648
Ireland - Dublin 2003 August 716
Ireland - Dublin 2004 January 750
Ireland - Dublin 2004 August 730
Ireland - Dublin 2005 January 805
Ireland - Dublin 2005 August 874
Ireland - Dublin 2006 May 939
Ireland - Dublin 2006 November 996
Ireland - Dublin 2007 May 1,146
Ireland - Dublin 2007 November 1,223
Ireland - Dublin 2008 May 1,363
Ireland - Dublin 2008 November 1,169
Ireland - Dublin 2009 May 1,007
Ireland - Dublin 2009 November 875
Ireland - Dublin 2010 May 721
Ireland - Dublin 2010 November 714
Ireland - Dublin 2012 April 580
Ireland - Dublin 2013 April 570
Italy - Milan 2001 January 390
Italy - Milan 2001 July 407
Italy - Milan 2002 January 422
Italy - Milan 2002 July 519
Italy - Milan 2003 January 557
Italy - Milan 2003 August 552
Italy - Milan 2004 January 735
Italy - Milan 2004 August 653
Italy - Milan 2005 January 685
Italy - Milan 2005 August 656
Italy - Milan 2006 May 645
Italy - Milan 2006 November 689
Italy - Milan 2007 May 733
Italy - Milan 2007 November 785
Italy - Milan 2008 May 919
Italy - Milan 2008 November 923
Italy - Milan 2009 May 871
Italy - Milan 2009 November 909
Italy - Milan 2010 May 839
Italy - Milan 2010 November 846
Italy - Milan 2012 April 827
Italy - Milan 2013 April 768
Japan - Tokyo, Inner Central 2001 January 1,583
Japan - Tokyo, Inner Central 2001 July 1,336
Japan - Tokyo, Inner Central 2002 January 1,317
Japan - Tokyo, Inner Central 2002 July 1,465
Japan - Tokyo, Inner Central 2003 January 1,271
Japan - Tokyo, Inner Central 2003 August 1,229
Japan - Tokyo, Inner Central 2004 January 1,271
Japan - Tokyo, Inner Central 2004 August 1,251
Japan - Tokyo, Inner Central 2005 January 1,339
Japan - Tokyo, Inner Central 2005 August 1,411
Japan - Tokyo, Inner Central 2006 May 1,400
Japan - Tokyo, Inner Central 2006 November 1,568
Japan - Tokyo, Inner Central 2007 May 1,745
Japan - Tokyo, Inner Central 2007 November 1,922
Japan - Tokyo, Inner Central 2008 May 2,371
Japan - Tokyo, Inner Central 2008 November 1,983
Japan - Tokyo, Inner Central 2009 May 1,977
Japan - Tokyo, Inner Central 2009 November 1,848
Japan - Tokyo, Inner Central 2010 May 1,550
Japan - Tokyo, Inner Central 2010 November 1,702
Japan - Tokyo, Inner Central 2012 April 2,007
Japan - Tokyo, Inner Central 2013 April 1,735
The Netherlands - Amsterdam 2001 January 363
The Netherlands - Amsterdam 2001 July 359
The Netherlands - Amsterdam 2002 January 372
The Netherlands - Amsterdam 2002 July 383
The Netherlands - Amsterdam 2003 January 417
The Netherlands - Amsterdam 2003 August 442
The Netherlands - Amsterdam 2004 January 472
The Netherlands - Amsterdam 2004 August 453
The Netherlands - Amsterdam 2005 January 481
The Netherlands - Amsterdam 2005 August 438
The Netherlands - Amsterdam 2006 May 442
The Netherlands - Amsterdam 2006 November 499
The Netherlands - Amsterdam 2007 May 525
The Netherlands - Amsterdam 2007 November 561
The Netherlands - Amsterdam 2008 May 624
The Netherlands - Amsterdam 2008 November 566
The Netherlands - Amsterdam 2009 May 531
The Netherlands - Amsterdam 2009 November 586
The Netherlands - Amsterdam 2010 May 542
The Netherlands - Amsterdam 2010 November 546
The Netherlands - Amsterdam 2012 April 547
The Netherlands - Amsterdam 2013 April 529
Poland - Warsaw 2001 January 427
Poland - Warsaw 2001 July 420
Poland - Warsaw 2002 January 413
Poland - Warsaw 2002 July 413
Poland - Warsaw 2003 January 413
Poland - Warsaw 2003 August 473
Poland - Warsaw 2004 January 459
Poland - Warsaw 2004 August 459
Poland - Warsaw 2005 January 459
Poland - Warsaw 2005 August 401
Poland - Warsaw 2006 May 394
Poland - Warsaw 2006 November 448
Poland - Warsaw 2007 May 524
Poland - Warsaw 2007 November 741
Poland - Warsaw 2008 May 824
Poland - Warsaw 2008 November 768
Poland - Warsaw 2009 May 583
Poland - Warsaw 2009 November 566
Poland - Warsaw 2010 May 522
Poland - Warsaw 2010 November 563
Poland - Warsaw 2012 April 586
Poland - Warsaw 2013 April 564
South Korea - Seoul 2001 January 671
South Korea - Seoul 2001 July 626
South Korea - Seoul 2002 January 523
South Korea - Seoul 2002 July 549
South Korea - Seoul 2003 January 555
South Korea - Seoul 2003 August 562
South Korea - Seoul 2004 January 560
South Korea - Seoul 2004 August 583
South Korea - Seoul 2005 January 630
South Korea - Seoul 2005 August 665
South Korea - Seoul 2006 May 743
South Korea - Seoul 2006 November 769
South Korea - Seoul 2007 May 791
South Korea - Seoul 2007 November 835
South Korea - Seoul 2008 May 769
South Korea - Seoul 2008 November 648
South Korea - Seoul 2009 May 583
South Korea - Seoul 2009 November 681
South Korea - Seoul 2010 May 773
South Korea - Seoul 2010 November 764
South Korea - Seoul 2012 April 976
South Korea - Seoul 2013 April 1,008
Spain - Madrid 2001 January 520
Spain - Madrid 2001 July 542
Spain - Madrid 2002 January 555
Spain - Madrid 2002 July 563
Spain - Madrid 2003 January 550
Spain - Madrid 2003 August 548
Spain - Madrid 2004 January 553
Spain - Madrid 2004 August 511
Spain - Madrid 2005 January 596
Spain - Madrid 2005 August 569
Spain - Madrid 2006 May 581
Spain - Madrid 2006 November 714
Spain - Madrid 2007 May 844
Spain - Madrid 2007 November 905
Spain - Madrid 2008 May 1,040
Spain - Madrid 2008 November 952
Spain - Madrid 2009 May 716
Spain - Madrid 2009 November 728
Spain - Madrid 2010 May 653
Spain - Madrid 2010 November 621
Spain - Madrid 2012 April 587
Spain - Madrid 2013 April 543
Sweden - Stockholm 2001 January 579
Sweden - Stockholm 2001 July 508
Sweden - Stockholm 2002 January 448
Sweden - Stockholm 2002 July 500
Sweden - Stockholm 2003 January 498
Sweden - Stockholm 2003 August 533
Sweden - Stockholm 2004 January 570
Sweden - Stockholm 2004 August 537
Sweden - Stockholm 2005 January 599
Sweden - Stockholm 2005 August 518
Sweden - Stockholm 2006 May 562
Sweden - Stockholm 2006 November 631
Sweden - Stockholm 2007 May 675
Sweden - Stockholm 2007 November 824
Sweden - Stockholm 2008 May 933
Sweden - Stockholm 2008 November 794
Sweden - Stockholm 2009 May 631
Sweden - Stockholm 2009 November 731
Sweden - Stockholm 2010 May 707
Sweden - Stockholm 2010 November 789
Sweden - Stockholm 2012 April 812
Sweden - Stockholm 2013 April 825
United Kingdom - London, West End 2001 January 1,689
United Kingdom - London, West End 2001 July 1,697
United Kingdom - London, West End 2002 January 1,575
United Kingdom - London, West End 2002 July 1,601
United Kingdom - London, West End 2003 January 1,624
United Kingdom - London, West End 2003 August 1,599
United Kingdom - London, West End 2004 January 1,606
United Kingdom - London, West End 2004 August 1,909
United Kingdom - London, West End 2005 January 2,062
United Kingdom - London, West End 2005 August 1,923
United Kingdom - London, West End 2006 May 2,079
United Kingdom - London, West End 2006 November 2,282
United Kingdom - London, West End 2007 May 2,597
United Kingdom - London, West End 2007 November 3,540
United Kingdom - London, West End 2008 May 3,224
United Kingdom - London, West End 2008 November 2,677
United Kingdom - London, West End 2009 May 1,858
United Kingdom - London, West End 2009 November 1,990
United Kingdom - London, West End 2010 May 1,969
United Kingdom - London, West End 2010 November 2,085
United Kingdom - London, West End 2012 April 2,370
United Kingdom - London, West End 2013 April 2,396
United States - New York, Midtown Manhat 2001 January 696
United States - New York, Midtown Manhat 2001 July 699
United States - New York, Midtown Manhat 2002 January 680
United States - New York, Midtown Manhat 2002 July 639
United States - New York, Midtown Manhat 2003 January 615
United States - New York, Midtown Manhat 2003 August 576
United States - New York, Midtown Manhat 2004 January 563
United States - New York, Midtown Manhat 2004 August 560
United States - New York, Midtown Manhat 2005 January 565
United States - New York, Midtown Manhat 2005 August 578
United States - New York, Midtown Manhat 2006 May 593
United States - New York, Midtown Manhat 2006 November 668
United States - New York, Midtown Manhat 2007 May 747
United States - New York, Midtown Manhat 2007 November 1,085
United States - New York, Midtown Manhat 2008 May 1,113
United States - New York, Midtown Manhat 2008 November 1,055
United States - New York, Midtown Manhat 2009 May 738
United States - New York, Midtown Manhat 2009 November 742
United States - New York, Midtown Manhat 2010 May 694
United States - New York, Midtown Manhat 2010 November 717
United States - New York, Midtown Manhat 2012 April 1,230
United States - New York, Midtown Manhat 2013 April 1,299
Source: CBS.
Explanation of symbols

Dataset is not available.


This table gives an overview of the costs of hiring office space in several countries. The indicator for the country concerned is based on the rent (including service costs and property tax) of high quality office space (class A). For example, the West End in London was selected for the United Kingdom, Amsterdam was selected for the Netherlands.

Note:
Comparable definitions are used to compare the figures presented internationally. The definitions sometimes differ from definitions used by Statistics Netherlands. The figures in this table could differ from
Dutch figures presented elsewhere on the website of Statistics Netherlands.

Data available from: January 2001 up to April 2013.

Status of the figures:
The external source of these data frequently supplies adjusted figures on preceding periods. These adjusted data are not mentioned as such in the table.

Changes as of 1 March 2018:
This table has been discontinued.

When will new figures be published?
No longer applicable.

Description topics

Office rents and occupancy costs
The cost of hiring office space, including service costs and property tax, of high quality office space (class A). Assumed is the higher the price the more important the office location. For example the West End in London is selected for United Kingdom, Amsterdam was selected for the Netherlands. The expenditure is expressed in US dollars per square metre, per year.

Source: CB Richard Ellis, Global Market Rents, editions January 2001 till May 2010.