{"id":82619,"date":"2026-07-16T10:03:28","date_gmt":"2026-07-16T08:03:28","guid":{"rendered":"https:\/\/forcadell.com\/?p=82619"},"modified":"2026-07-17T11:58:49","modified_gmt":"2026-07-17T09:58:49","slug":"barcelona-records-146000-sq-m-of-office-take-up-in-the-first-half-of-2026","status":"publish","type":"post","link":"https:\/\/forcadell.com\/en\/barcelona-records-146000-sq-m-of-office-take-up-in-the-first-half-of-2026\/","title":{"rendered":"Barcelona records 146,000 sq m of office take-up in the first half of 2026"},"content":{"rendered":"
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A total of 72,000 sq m of office space was taken up in Q2 2026, representing an 18% decrease compared with the same period last year.<\/strong><\/p>\n<\/div>\n\n

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Technology and education-related companies together accounted for 45% of the quarter’s leasing activity.<\/strong><\/p>\n<\/div>\n\n

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The 22@ district captured almost 30% of total take-up, reinforcing its position as the market’s leading office hub.<\/strong><\/p>\n<\/div>\n\n

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Barcelona\u2019s office market recorded 72,000 sq m of take-up in Q2 2026<\/strong>, representing an 18% year-on-year decline. Leasing activity came in below expectations as several major transactions were delayed and failed to complete before quarter-end.<\/p>\n<\/div>\n\n

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Despite the weaker quarterly performance, the first-half results reflect a more stable market. According to FORCADELL’s latest report, office take-up reached 146,000 sq m between January and June<\/strong>, slightly above the 142,000 sq m recorded during the same period in 2025. This performance confirms that demand remains solid<\/strong>, although influenced by longer and more demanding decision-making processes.<\/p>\n<\/div>\n\n

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During the first half of the year, 16 transactions exceeding 1,000 sq m were completed<\/strong>, including several deals that had been in the pipeline for months. The period also saw an increase in the number of companies relocating while expanding their office space.<\/p>\n<\/div>\n\n

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Manel de Bes<\/strong>, Director of the Office Department at FORCADELL<\/a>, notes: “The first-half results show that demand remains active despite longer decision-making processes<\/strong>. The completion of deals that had been under negotiation for months, together with the increase in relocations involving office space expansion, are positive signs<\/strong>. However, it is important to maintain a cautious view<\/strong> of the market’s evolution”.<\/p>\n<\/div>\n\n

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“The outlook for the second half of the year is reasonably optimistic”, says Manel de Bes. A substantial number of transactions currently at an advanced stage could enable 2026 to close with office take-up broadly in line with 2025<\/strong>, at approximately 300,000 sq m.<\/p>\n<\/div>\n\n

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22@ remains the market’s leading office submarket<\/h2>\n<\/div>\n\n
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By location, the 22@ district accounted for nearly 30% of total office take-up<\/strong> during Q2 2026. The area continues to attract companies thanks to its state-of-the-art office buildings, high sustainability standards and an increasingly comprehensive range of services.<\/p>\n<\/div>\n\n

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By sector, technology and education-related companies<\/strong> were the main drivers of demand, accounting for 45% of the quarter’s total take-up.<\/p>\n<\/div>\n\n

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According to FORCADELL, Barcelona’s office vacancy rate<\/strong> remained broadly stable at 11.6%. The 22@ district accounted for approximately 43% of the city’s available office stock, while the City Centre accounted for nearly 24%, the Periphery around 20%, and the CBD recorded a vacancy rate of approximately 4%.<\/p>\n<\/div>\n\n

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Stable rents and greater market segmentation<\/h2>\n<\/div>\n\n
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Office rents remain stable<\/strong>, although the market continues to be clearly segmented by location and asset quality. Financial incentives, rent-free periods and fitted office space continue to play a key role in securing transactions, particularly in non-prime locations.<\/p>\n<\/div>\n\n

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The CBD remains Barcelona’s most exclusive office submarket<\/strong>, with a very limited supply. The 22@ district continues to stand out for its dynamism, while the Fira district is consolidating its position as a modern and efficient alternative<\/strong>. In the Periphery, rents range between \u20ac14 and \u20ac16\/sq m\/month for Grade A assets and stand at around \u20ac8\/sq m\/month for Grade C assets.<\/p>\n<\/div>\n\n

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Overall, Barcelona’s office market is becoming increasingly mature and selective, with asset quality, flexibility, location and speed of occupation playing an increasingly important role in companies’ decision-making.<\/p>\n<\/div>\n\n\n

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Download report<\/a><\/div>\n<\/div><\/div>\n","protected":false},"excerpt":{"rendered":"

Barcelona’s office market recorded 72,000 sq m of take-up in Q2 2026, representing an 18% year-on-year decline. 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