23037_PDS Office Fit-out Guide_v4

EMEA OFFICE FIT OUT COST GUIDE 2023

AVERAGE OFFICE FIT OUT COST (EUR PER SQ M)

AVERAGE FIT OUT COSTS IN 25 CITIES ACROSS EUROPE

FIT OUT COST (EUR/SQM)

COUNTRY

CITY

LOW MEDIUM

HIGH

BELGIUM

BRUSSELS

860

1,375

2,415

AMSTERDAM EUR1,200

FRANKFURT EUR2,263 HAMBURG

CZECH REPUBLIC

PRAGUE

767

1,159

1,850

FRANCE

PARIS

875

1,323

2,626

EUR2,360

BERLIN

1,736

2,193

2,645

PARIS EUR1,323

BERLIN EUR2,193

FRANKFURT

1,793

2,263

2,729

GERMANY

HAMBURG

1,871

2,360

2,848

MANCHESTER EUR2,094

STOCKHOLM EUR1,713

MUNICH

1,791

2,286

2,757

HUNGARY

BUDAPEST

700

1,100

1,600

GLASGOW EUR1,870

IRELAND

DUBLIN

1,350

2,000

2,750

MILAN

700

1,100

1,400

DUBLIN EUR2,000

ITALY

PRAGUE EUR1,159

ROME

700

1,100

1,400

LUXEMBOURG

LUXEMBOURG

890

1,430

2,750

NETHERLANDS

BIRMINGHAM EUR1,972

AMSTERDAM

850

1,200

1,700

WARSAW EUR1,160

POLAND

WARSAW

715

1,160

1,780

LONDON EUR2,500

PORTUGAL

LISBON

853

1,138

1,593

BRATISLAVA EUR1,036

SERBIA

BELGRADE

747

1,121

1,494

SLOVAKIA

BRATISLAVA

691

1,036

1,606

BRUSSELS EUR1,375

BARCELONA

747

1,035

1,610

MUNICH EUR2,286

SPAIN

BUDAPEST EUR1,100

MADRID

747

1,035

1,610

LUXEMBOURG EUR1,430

SWEDEN

STOCKHOLM

1,434

1,713

2,092

SOFIA EUR700

MADRID EUR1,035

TURKEY

ISTANBUL

600

850

1,300

BIRMINGHAM

1,159

1,972

2,989

BELGRADE EUR1,121

MILAN EUR1,100

LISBON EUR1,138

GLASGOW

1,099

1,870

2,835

UK

LONDON

1,469

2,500

3,790

MANCHESTER

1,231

2,094

3,174

ISTANBUL EUR850

AVERAGE FIT OUT COST (EUR/SQM)

ROME EUR1,100

AVERAGE COST BREAKDOWN

BARCELONA EUR1,035

LOW MEDIUM HIGH FURNITURE FIT OUT

AV/IT

FEES

2023

1,055

1,537

2,214

18%

56%

14%

11%

8

9

Cushman & Wakefield