We offer affordable spaces
In a few months, Blue Gate Antwerp will welcome its first occupants. The brand new, eco-effective and water-bound redeveloped brownfield is exemplary for the ambitions of the city in catering for modern industries. Here, sustainable production facilities and state-of-the art R&D departments will feind their natural home.
The recent growth of Antwerp has also created an immense array of available office spaces, ranging from old industrial buildings to new developments, both in the heart of the city or at its outer borders.
Plenty of office space
There are 1.7 million m2 of office space in the City of Antwerp, and so there are plenty of offices. The upper rental limits in the centre is 145 euros/m²/year.
|Stock||1 742 881 m²|
|Vacancy||197 087 m²|
|Prime rent||145 EUR / m² / year|
Source: Jones Lang Lasalle
Office space is cheaper in Antwerp than that of comparable quality in the major commercial centres in neighbouring countries. This is evident from standardised figures that include both maintenance costs and taxes. Total office space costs in Antwerp amount to around 166 euros/m²/year.
Office rental prices
|London (West End)||1 826|
|Paris (La Défense)||500|
|Amsterdam (Sout Axis)||370|
|Brussels (EU Leopold)||275|
Source: Cushman & Wakefield, Office snapshot Q4 2015 (03/2016)
There are 752 hectares of land in the City of Antwerp that are developed or have development potential for industry and logistics. Over 56 hectares of that is unused and unallocated. The upper rental limit for industry is 43-48 euros/m²/year, while for logistics the upper rental limit stands at 46 euros/m²/year.
|Total surface area||752.22 ha|
|Unused unspend||56.80 ha|
|Prime rent industry||43-48 EUR / m² / year|
|Prime rent logistics||46 EUR / m² / year|
Source: Arcadis and Jones Lang Lasalle, 2014
|London (West End)||13 145|
|The Hague||1 250|
Source: Cushman & Wakefield, Retail snapshot Q4 2015 (03/2016)