Vacant office space in different submarkets in Madrid, Spain 2024

Published by Statista Research Department, Jun 12, 2024

The Decentralized zone in Madrid, Spain had the most vacant office space in the first quarter of 2024. Approximately 577,600 square meters of office space was vacant during that period, compared to 110,700 in the Central Business District (CBD) of the city. While this was the case, the outskirts had the highest vacancy rate.

Volume of vacant office real estate in Madrid, Spain in 1st quarter 2024, by submarket (in 1,000 square meters)

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Release date

May 2024

Region

Spain

Survey time period

Q1 2024

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