How much does cost to build an office?

Building costs: Offices and industrial (€/m²) City-centre heated offices City-centre air-conditioned office €/m² €/m² floors* €/m² €/m² floors* Country low high (typical) low high (typical) BELGIUM 1,400 2,126 1,870 2,501 CYPRUS 1,047 1,464 1,244 1,745 CZECH REPUBLIC 682 1,023 6 751 1,195 6 FINLAND 1,350 1,700 5 1,480 1,801 5 FRANCE 1,650 2,200 2,300 2,950 GERMANY 900 1,275 5 1,180 1,660 5 GREECE 1,000 2,196 1,138 2,501 HUNGARY 591 789 6 710 849 8 IRELAND 1,801 2,801 5 1,950 2,801 5 ITALY 1,099 1,400 8 1,300 2,151 8 NETHERLANDS 1,179 1,430 6 1,441 1,913 8 POLAND 616 1,006 804 1,256 ROMANIA 485 685 5 750 900 7 SLOVAKIA 466 723 5 594 905 8 SPAIN N/A N/A 1,020 1,550 10 SWEDEN 1,041 1,353 5 1,457 1,768 5 UNITED KINGDOM 1,581 2,049 7 1,903 3,294 8 ARGENTINA N/A N/A N/A N/A AUSTRALIA ¹ N/A N/A 1,359 1,967 17 BRAZIL N/A N/A 578 656 20 CHINA N/A N/A 561 845 35 HONG KONG N/A N/A 1,069 1,432 INDIA 224 467 10 280 505 10 INDONESIA N/A N/A 275 427 ISRAEL N/A N/A 606 688 7 JAPAN N/A N/A 1,603 2,170 15 LEBANON 512 615 14 555 666 14 MALAYSIA N/A N/A 249 486 NEW ZEALAND N/A N/A 1,404 1,638 PHILIPPINES N/A N/A 423 549 30 QATAR N/A N/A 807 1,111 25 SAUDI ARABIA N/A N/A 774 1,320 7 SINGAPORE N/A N/A 874 1,064 25 SOUTH AFRICA N/A N/A 618 892 10 SRI LANKA 161 198 4 208 234 4 SULTANATE OF OMAN N/A N/A 487 843 UNITED ARAB EMIRATES N/A N/A 675 802 24 VIETNAM N/A N/A 672 833 USA ² 2,850 5,466 CARIBBEAN ³ 1,687 2,413 5 * Typical number of storeys has only been provided where identifiied by local offices ¹ Australia figures are an average for Melbourne and Sydney ² USA figures are taken from the New York office only ³ Caribbean figures are an average for the Cayman Islands and the British Virgin Islands Building type definitions City-centre heated office Self-contained building of a size and height typical of major cities in country; building costs include for accommodation to a good finish with raised floors, carpet, suspended ceilings, heating, lighting and power, but excluding partitioning Air-conditioned office Self-contained building of a size and height typical of major cities in country; building costs include for accommodation to a good finish with raised floors, carpet, suspended ceilings, air-conditioning, lighting and power, but excluding partitioning Factories, warehouses, industrial Large, single storey unit of steel portal frame and profiled aluminium cladding, with an eaves height of at least 6 m, on an out-of-town site, finished to a basic shell with services and heating to the office space (approx 5% of area) Out-of-town business park Self-contained low-rise building in a campus location. Costs include for high quality cladding and accommodation to a good finish with raised floors, carpet, suspended ceilings, air-conditioning, lighting and power, but excluding partitioning