RealTimes Prime Rent Index
Prime headline office rents in Europe’s key markets, each checked against at least 3 independent brokers. Updated every quarter.
Converted at ECB reference rates of 2026-09-25; 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
4 brokers · Q2 2026
Munich, Germany
City (prime CBD segment)
€57 to 62 m²/mo
Median €60
7 brokers · Q2 2026
Madrid, Spain
Madrid prime (citywide headline; no source isolates a CBD figure)
€39.8 to 50 m²/mo
Median €44.5
4 brokers · Q2 2026
Budapest, Hungary
Budapest prime (CBD equivalent; only Cushman & Wakefield labels its figure CBD)
€25 to 26 m²/mo
Median €25.5
3 brokers · Q2 2026
Warsaw, Poland
City Centre / CBD (central zones, prime)
€23 to 32 m²/mo
Median €28.5
5 brokers · Q2 2026
Vienna, Austria
CBD / Innere Bezirke (citywide prime rent; CBRE figure is inner districts)
€28.5 to 29.5 m²/mo
Median €29.5
4 brokers · Q2 2026
Milan, Italy
CBD Duomo
€830 to 850 m²/yr
Median €850
3 brokers · Q2 2026
Bucharest, Romania
CBD (Central Business District)
€21 to 24 m²/mo
Median €22.5
4 brokers · Q2 2026
London, United Kingdom
West End
£175 to 190 sq ft/yr
Median £182.5
4 brokers · Q2 2026
| 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 | 4 · JLL, Cushman & Wakefield, Colliers, CBRE | Q2 2026 |
| Munich, Germany | City (prime CBD segment) | m²/mo | €57 to 62 | €60 | 7 · JLL, CBRE, Colliers, Savills, Cushman & Wakefield, BNP Paribas Real Estate, Knight Frank | Q2 2026 |
| Madrid, Spain | Madrid prime (citywide headline; no source isolates a CBD figure) | m²/mo | €39.8 to 50 | €44.5 | 4 · JLL, Cushman & Wakefield, Savills, Colliers | Q2 2026 |
| Budapest, Hungary | Budapest prime (CBD equivalent; only Cushman & Wakefield labels its figure CBD) | m²/mo | €25 to 26 | €25.5 | 3 · Cushman & Wakefield, Colliers, JLL (with iO Partners) | Q2 2026 |
| Warsaw, Poland | City Centre / CBD (central zones, prime) | m²/mo | €23 to 32 | €28.5 | 5 · Cushman & Wakefield, Savills, BNP Paribas Real Estate Poland, AXI IMMO, JLL (with iO Partners) | Q2 2026 |
| Vienna, Austria | CBD / Innere Bezirke (citywide prime rent; CBRE figure is inner districts) | m²/mo | €28.5 to 29.5 | €29.5 | 4 · Colliers, Cushman & Wakefield (CBS Austria), CBRE, EHL | Q2 2026 |
| Milan, Italy | CBD Duomo | m²/yr | €830 to 850 | €850 | 3 · JLL, BNP Paribas Real Estate, Cushman & Wakefield | Q2 2026 |
| Bucharest, Romania | CBD (Central Business District) | m²/mo | €21 to 24 | €22.5 | 4 · Cushman & Wakefield Echinox, Avison Young, CBRE, Colliers | Q2 2026 |
| London, United Kingdom | West End | sq ft/yr | £175 to 190 | £182.5 | 4 · JLL, Knight Frank, BNP Paribas Real Estate, Cushman & Wakefield | Q2 2026 |
Coming in the Q3 2026 edition (by country).
Coming in the Q3 2026 edition (by logistics hub).
How it works
- Every quarter we collect headline prime office rents in Europe's key markets straight from major property brokers.
- A city only appears once at least three different brokers report a figure for it.
- 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, so a reader can check the source directly.
How to cite: Source: RealTimes Prime Rent Index (RTPRI Office), Q2 2026 edition, realtimes.co/data/prime-rent-index/
Next update: Q3 2026 edition, January 2027.