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Transparency 22@ Barcelona

21% of the city’s total office stock is located in 22@, and in 2024, it once again emerged as the area with the highest leasing activity, capturing 32% of total demand.

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What has happened in the Innovation District during the last year?

  • In 2024, 32% of the total office space leased in Barcelona (291,000 m²) was located in the 22@ district. The year ended with a total take-up of 93,000 m² in the area—double the volume recorded the previous year.
  • Demand continues to prioritise quality, with 90% of the space leased located in Grade A and B+ buildings. Having available stock in this type of property is essential to maintain the submarket's attractiveness.
  • Over the last three quarters of 2024, availability rates have declined year-on-year, falling from 10.29% to 9.16% in Barcelona, and from 22.5% to 19.3% in 22@.
  • Currently, 90,000 m² are under construction in the district (including refurbishments), with 47,000 m² located in the north and 43,000 m² in the south. Only 1% of the space under development is pre-let. By December 2026, a total of 9 new or refurbished projects are expected to be added to the area’s stock.
  • Prime rents in the district stood at €22.00/m²/month in Q4 2024, although some deals continue to exceed this level, particularly in standout buildings.
  • Despite being a year with limited investment activity, 22@ accounted for 10% of Barcelona’s total office investment volume, reaching €49 million.
  • The ITT and Services sectors continue to expand in Barcelona, with a strong commitment to the city, and especially to the 22@ district.

Read more. Download Transparency 22@ Barcelona.

TRANSPARENCY 22@ 2024

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Lease Transaction & Advisory
Cushman & Wakefield is one of the world's leading real estate advisor, leasing experts to occupiers and investor, for office, retail and warehouse spaces.
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Capital Markets

Cushman & Wakefield experts advise investors on operations around the world. With our extensive knowledge, we provide end-to-end advice  to owners, occupiers, investors and developers around the world.

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Our goal is to comprehensively manage our client’s projects, making them our technical partners throughout the entire process whilst minimising risk through our global know-how and local experience.
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Asset Services
These days, asset management means far more than managing a building and the space it represents. Cushman & Wakefield ensures that your company operates optimally and in the best possible way.
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Real Estate Valuation: Valuation & Advisory Services

These days, asset management means far more than managing a building and the space it represents. All financial investment advisers have to add value to the service and create a positive experience for tenants and everyone who interacts with the building, whether inside or outside the asset.  

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Development
Before investing in a hotel, it is essential to analyse and plan how to attract clients so that your hotel investments will have sufficient turnover to bring profits. Cushman & Wakefield will help you with Operator selection, Development brokerage and Development consultancy.
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Occupier Representation
From small market towns to the largest regional shopping destinations, retail is at the heart of what we do. Let us help you to find the right premises to rent or buy.
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Occupier Representation
From small market towns to the largest regional shopping destinations, retail is at the heart of what we do. Let us help you to find the right premises to rent or buy.
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Warehouse Leasing
At Cushman & Wakefield, we offer you the best solutions to find and lease the ideal warehouse for your business, making the process simple, efficient, and fully tailored to your operational needs.
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Warehouse Leasing
At Cushman & Wakefield, we offer you the best solutions to find and lease the ideal warehouse for your business, making the process simple, efficient, and fully tailored to your operational needs.
Learn More
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Cushman & Wakefield is one of the world's leading real estate advisor, leasing experts to occupiers and investor, for office, retail and warehouse spaces.
Learn More
Development
Before investing in a hotel, it is essential to analyse and plan how to attract clients so that your hotel investments will have sufficient turnover to bring profits. Cushman & Wakefield will help you with Operator selection, Development brokerage and Development consultancy.
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