New offices for Dentsu Creative Spain. The marketing and advertising agency has rented offices of more than three thousand square meters at number 94 Paseo de la Castellana, opposite Nuevos Ministerios, in Madrid. The operation has had the advice of aProperties.
Dentsu will occupy eight floors to install the main offices in the capital there. The building has parking, an outdoor patio, an agora next to the reception of the property and a terrace on the top floor.
Also, all office spaces are completely exterior with natural light and open spaces. The building, designed by Totem Arquitectos, responds to a project that embraces an environmental architecture that cannot be separated from the well-being and enjoyment of the inhabitants of the buildings.
The hiring of office space rose to 515,000 square meters during the past year in Madrid, a figure that represents an increase of 30%. In the fourth quarter of the year, the levels for the year as a whole were maintained, since 130,000 square meters of office space were contractedshowing that the market remained strong despite increasing economic uncertainties.
The contracting of offices in Madrid exceeded half a million square meters last year
The data also indicates that in Madrid A total of 405 rental operations were registered in the whole of 2022, a figure that is already in line with the prices prior to Covid-19. For this year, the market release of 335,000 square meters of new supply is expected, of which 33% are already pre-leased.
The rent of the buildings primefor its part, last year reached 37 euros per square meter and month, thus exceeding the figures prior to the pandemic, which stood at 35.1 euros per square meter per month. From the firm it is highlighted that the scarce quality offer in the business district is pushing rents up.
