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 |
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