23037_PDS Office Fit-out Guide_v4

CELLNEX FIT OUT, POLAND, DELIVERED BY CUSHMAN & WAKEFIELD PDS

EMEA OFFICE FIT OUT COST GUIDE 2023

EUROPE, MIDDLE EAST AND AFRICA FIT OUT COST BY MARKET

CEE

FIT OUT COST (EUR/SQM)

COUNTRY

CITY

LOW MEDIUM

HIGH

CZECH REPUBLIC

PRAGUE

767

1,159

1,850

HUNGARY

BUDAPEST

700

1,100

1,600

POLAND

WARSAW

715

1,160

1,780

SERBIA

BELGRADE

747

1,121

1,494

SLOVAKIA

BRATISLAVA

691

1,036

1,606

TURKEY

ISTANBUL

600

850

1,300

REINSTATEMENT COST (EUR/SQM)

COUNTRY

CITY

LOW MEDIUM

HIGH

CZECH REPUBLIC

PRAGUE

56

95

140

HUNGARY

BUDAPEST

40

80

150

POLAND

WARSAW

65

127

185

SERBIA

BELGRADE

20

47

150

SLOVAKIA

BRATISLAVA

55

100

145

TURKEY

ISTANBUL

72

95

120

“ALL-IN” FIT OUT COSTS

PERNOD RICARD FIT OUT, 7 CHISWICK PARK, LONDON W4, DELIVERED BY CUSHMAN & WAKEFIELD PDS

20% 30% 40% 50% 60% 70% 80% 90% 100%

6 % 9 %

10 %

10 %

10 % 10 %

10 %

10 %

11 %

12 %

12 %

20 %

USING THE GUIDE

60 %

58 %

63 %

61 %

64 %

50 %

Estimated costs provided herein are indicative of market averages based on certain assumptions. Exact costs for specific projects may differ to those presented here, and so we recommend engaging a Project & Development Services professional to advise on precise costings based on your unique construction requirements.

25 %

22 %

20 %

18 %

0% 10%

15 %

14 %

PRAGUE

BUDAPEST

WARSAW BELGRADE

BRATISLAVA

ISTANBUL

FURNITURE

FIT OUT

AV/IT

PROFESSIONAL SERVICES

18

19

Cushman & Wakefield