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Grade A Office Shortage Drives Prime Rents in Madrid and Barcelona
Madrid recorded 190,000 sq m of office take-up in the first half of the year, while Barcelona reached 195,000 sq m.
Limited availability of top-quality office space continues to put upward pressure on prime rents, which have reached €44/sq m/month in Madrid and €31.75/sq m/month in Barcelona.
Marta Esclapés • August 03, 2026
Logistics leasing surpasses one million square metres in the first half of 2026
Madrid exceeded 600,000 sq m of leased space, while Barcelona surpassed 480,000 sq m, driven by strong demand for high-quality logistics facilities.
Logistics investment in Spain is expected to exceed €1.5 billion by year-end, with the potential to become the sector’s strongest-performing year since 2021.
Marta Esclapés • July 28, 2026
Ford Models Relocates Its Barcelona Offices to the Historic Casa de les Punxes
Jenny Pizarro • July 08, 2026
Spain Consolidates Its Position as One of Europe Most Dynamic Logistics Markets
Barcelona and Madrid have recorded rental growth of 13% and 11%, respectively, over the past two years, significantly above the European average of 3.3%, with this trend expected to continue through 2028.
Logistics investment is also increasing and is forecast to reach approximately €1.4 billion by year-end, representing a 17% increase compared with 2025.
Limited availability remains one of the key factors underpinning the strength of the Spanish logistics market.
Marta Esclapés • June 16, 2026
Prime Retail Market Remains Strong as Rents Hit Record Levels
Madrid and Barcelona are reporting record-low vacancy levels, at 2.45% in Madrid and 2.49% in Barcelona, while cities such as Valencia, Málaga, Seville, and Bilbao are gaining prominence in retailers’ expansion strategies.
Marta Esclapés • June 15, 2026
Madrid ranks among the top five data center markets in EMEA
Madrid currently accounts for a total market capacity of 538 MW and could reach 1,105 MW by 2030.
Spain's data center sector is experiencing approximately 9% year-on-year growth in operational capacity and nearly 16% growth in total market size.
The study also identifies Zaragoza and Barcelona among the most attractive markets in the EMEA region for data center development.
Marta Esclapés • June 15, 2026
Education Emerges as the Fastest-Growing Segment in Real Estate
Take-up has reached approximately 50,000 sq m in Madrid and Barcelona, with more than 20 transactions completed annually. Since 2020, activity has quadrupled, reflecting a clear upward trend following the pandemic.
Growing demand, internationalization, and digitalization are driving the evolution of campuses and the emergence of new asset formats.
Madrid and Barcelona account for more than 60% of total investment. However, cities such as Valencia, Bilbao, Seville, and Málaga are gaining prominence as new university and technology hubs.
Marta Esclapés • June 04, 2026
BDO Expands in Barcelona at Reale Immobili’s VA254 Building
The transaction was advised by Cushman & Wakefield.
Located at Via Augusta 254, the building is considered one of the most iconic assets along this business corridor, both for its architectural features and its excellent connectivity with the rest of Barcelona.
Jenny Pizarro • May 28, 2026
Spain Aims to Position Itself Among the Top Five Life Sciences Markets in Europe
The country consolidates its leadership with a pharmaceutical industry representing more than 20% of private R&D investment. The report highlights the need to align Spain’s real estate market with the sector’s pace of growth.
Marta Esclapés • May 13, 2026
Madrid and Barcelona Maintain Their Competitiveness as Office Destinations in Europe
In 2026, average fit-out costs stand at €1,124/sq m in Madrid and €1,186/sq m in Barcelona, representing year-on-year increases of 3.8% and 4.2%, respectively, compared with 2025.
Marta Esclapés • May 12, 2026
Bonaire Shopping Centre Enters a New Management Phase
The centre, owned by Castellana Properties, is one of Spain’s most significant retail assets.
Bonaire offers nearly 55,000 sq m of retail space and maintains an occupancy rate of close to 98%.
Ignacio Pámpanas has been appointed as the new Manager of Bonaire Shopping Centre.
Jenny Pizarro • May 05, 2026
Strong Consumer Demand Drives Shopping Centre Sales at the Start of 2026
The leisure segment led growth (+33.1%), driven by a strong rebound in cinema attendance.
Footfall also increased, posting a 7.6% rise.
From an investment perspective, the retail sector attracted more than €1.5 billion, marking the strongest start to a year in the last five years.
Marta Esclapés • April 29, 2026
