In recent years, the technology sector has taken center stage in office rental in Spain. Barcelona and Madrid are considered important focal points of attraction for this type of company.

In the last five years, the tech sector has rented 28% of the offices in the Catalan capital and 18% of the offices in the Community of Madrid.

Barcelona is the third most digitally innovative city in Europe

Barcelona, considered the third European city for digital innovation, has welcomed many international companies that have chosen it to establish their digital hubs.

The Catalan capital is also the second city among the major technology hubs with more than 500 million euros of investment.

Demand for Grade A buildings

Technology companies tend to locate in Grade A buildings, characterized by being sustainable, efficient and located in the most modern facilities. The average surface area varies between 1,300 m² in Barcelona and 1,200 m² in Madrid.

Bearing in mind the increase in the number of coworking space openings over the last three years, the space contracted by techies has reached 424,720 m² in Madrid and 365,500 m² in Barcelona.

In Barcelona, the area most in demand by tech companies is concentrated in the 22@ technology district and in Madrid the area outside the M30 is booming.

At Alting, with more than 40 years of experience in the real estate sector, we can advise you on the sale and rental of your property, buildings, offices and premises from our Company department. For more information, please contact empresas@alting.com