RealTimes Prime Rental Index
RT/PRIME is the RealTimes Prime Rental Index. RT/PRIME Office, live today, tracks prime office rents in Europe’s key markets, each checked against at least 3 separate brokerages that measure the same thing. Updated every quarter.
Converted at ECB reference rates of 2026-09-30; AED via the USD peg 3.6725; 1 sq ft = 0.092903 m²; indicative.
Paris, France
QCA (Quartier Central des Affaires, Paris CBD)
€1,240 to 1,250 m²/yr
Median €1,250
3 brokers in the median · Q2 2026
- JLL loyer prime, QCA · published 6 Jul 2026 · Q2 2026 data
- Cushman & Wakefield loyer prime parisien QCA, Paris QCA · published 15 Jul 2026 · Q2 2026 data
- Colliers loyer prime, Paris QCA · published 6 Jul 2026 · Q2 2026 data
- CBRE loyer prime, HT/HC, QCA · published 20 May 2026 · Not in the median: Q1 2026 figure, older than the recency window
Munich, Germany
City (prime CBD segment)
€57 to 62 m²/mo
Median €59.75
6 brokers in the median · Q2 2026
- JLL prime rent · published 14 Jul 2026 · district not stated · Q2 2026 data
- CBRE prime rent, City · published 17 Jul 2026 · Q2 2026 data
- Savills prime rent · published 7 Jul 2026 · district not stated · Q2 2026 data
- Cushman & Wakefield prime rents · published 9 Jul 2026 · district not stated · Q2 2026 data
- BNP Paribas Real Estate Spitzenmiete, City · published 2 Jul 2026 · Q2 2026 data
- Knight Frank prime rents · published 22 Jul 2026 · district not stated · Q2 2026 data
Madrid, Spain
Madrid prime (citywide; no source isolates a CBD figure)
€39.8 to 45 m²/mo
Median €44
3 brokers in the median · Q2 2026
- JLL renta prime, Madrid · published 21 Jul 2026 · Q2 2026 data
- Cushman & Wakefield prime rents, Madrid · published 3 Aug 2026 · Q2 2026 data
- Savills rents reaching a first-time high, Madrid · published 10 Aug 2026 · Q2 2026 data · Not in the median: record-high figure, not a stated prime rent
- Colliers rentas prime, Madrid · published 1 Aug 2026 · Q2 2026 data
Warsaw, Poland
City Centre / CBD (central zones, prime)
€24 to 30 m²/mo
Median €29.5
3 brokers in the median · Q2 2026
- Cushman & Wakefield prime office rents, Centre · published 20 Jul 2026 · Q2 2026 data
- Savills prime headline rents, central zones · published 30 Apr 2026 · Not in the median: Q1 2026 figure, older than the recency window
- BNP Paribas Real Estate Poland prime headline rents, city centre · published 11 Aug 2026 · Q2 2026 data
- Knight Frank typical headline rents, central locations · published 27 Jul 2026 · Q2 2026 data · Not in the median: average rent, not a prime rent
- AXI IMMO asking rents, central Warsaw, premium segment · published 4 Aug 2026 · Q2 2026 data · Not in the median: asking rent, not blended; not published under a global brokerage brand
- JLL base rents for the best office space (czynsze bazowe), centre · published 15 Jul 2026 · Q2 2026 data
Milan, Italy
CBD Duomo
€830 to 850 m²/yr
Median €850
3 brokers in the median · Q2 2026
- JLL canoni prime, CBD Duomo · published 18 Jul 2026 · Q2 2026 data
- BNP Paribas Real Estate prime rental level, CBD Duomo · published 23 Jul 2026 · Q2 2026 data
- Cushman & Wakefield CBD prime rents · published 21 Jul 2026 · Q2 2026 data
Bucharest, Romania
CBD (Central Business District)
€21 to 23 m²/mo
Median €22.5
3 brokers in the median · Q2 2026
- Cushman & Wakefield Echinox prime headline rents, CBD, non-boutique projects · published 12 Aug 2026 · Q2 2026 data
- Avison Young prime office rents, CBD (submarket table) · published 23 Jul 2026 · Q2 2026 data
- CBRE prime headline rents · published 3 Aug 2026 · district not stated · Q2 2026 data
- Colliers rents 'reach up to', Central Business District · published 14 Aug 2026 · Q2 2026 data · Not in the median: stated maximum, not blended
London, United Kingdom
West End
£175 to 190 sq ft/yr
Median £182.5
4 brokers in the median · Q2 2026
- JLL prime rents, West End · published 4 Aug 2026 · Q2 2026 data
- Knight Frank prime headline rent, West End · published 31 Jul 2026 · Q2 2026 data
- BNP Paribas Real Estate prime rents, West End · published 4 Aug 2026 · Q2 2026 data
- Cushman & Wakefield prime rents, excluding super-prime, West End · published 7 Aug 2026 · Q2 2026 data
| City | Submarket | Unit | Range | Median | Brokers | Quarter |
|---|---|---|---|---|---|---|
| Paris, France | QCA (Quartier Central des Affaires, Paris CBD) | m²/yr | €1,240 to 1,250 | €1,250 | 3 in the median
| Q2 2026 |
| Munich, Germany | City (prime CBD segment) | m²/mo | €57 to 62 | €59.75 | 6 in the median
| Q2 2026 |
| Madrid, Spain | Madrid prime (citywide; no source isolates a CBD figure) | m²/mo | €39.8 to 45 | €44 | 3 in the median
| Q2 2026 |
| Warsaw, Poland | City Centre / CBD (central zones, prime) | m²/mo | €24 to 30 | €29.5 | 3 in the median
| Q2 2026 |
| Milan, Italy | CBD Duomo | m²/yr | €830 to 850 | €850 | 3 in the median
| Q2 2026 |
| Bucharest, Romania | CBD (Central Business District) | m²/mo | €21 to 23 | €22.5 | 3 in the median
| Q2 2026 |
| London, United Kingdom | West End | sq ft/yr | £175 to 190 | £182.5 | 4 in the median
| Q2 2026 |
Checked for this edition but held back, until three comparable figures arrive (why):
- Budapest
- Vienna
- Bratislava
- Prague
- Amsterdam
Retail rents are coming in the Q3 2026 edition (by country).
Coming in the Q3 2026 edition (by logistics hub).
How it works
- Every quarter we collect the prime office rents that global property brokers publish for Europe's key markets.
- A city only appears once at least three different brokers report a figure for it that measures the same thing.
- A figure on a different basis, such as an asking rent or a stated maximum, stays listed next to the city but is kept out of the median.
- We show the full range brokers report, plus a middle figure once three or more brokers agree.
- Every figure links to where the broker published it, with the broker's own definition and the date it was published, so a reader can check the source directly.
How to cite: Source: RT/PRIME Office, part of the RealTimes Prime Rental Index (RT/PRIME), Q2 2026 edition, realtimes.co/data/prime-rent-index/
Next update: Q3 2026 edition, November 2026. Then the Q4 2026 edition, January 2027.