Vacancy rate of office real estate in Milan 2023, by market

Published by Statista Research Department, Aug 11, 2023
The vacancy rate for office real estate in Milan, Italy, varied greatly depending across different city areas. In the first quarter of 2023, about 4.6 percent of the office real estate in the Semi Center area of the city was vacant, while the central business district (CBD) had a vacancy rate of 5.1 percent. Meanwhile, about 16 percent of office space in the periphery of the city stood vacant.

Vacancy rate of office real estate in Milan, Italy, in 1st quarter 2023, by market

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Release date

April 2023

Region

Italy

Survey time period

Q1 2023

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