Geneva office rental market
The Geneva office rental market is scant, especially in Geneva where the demand for office space is greater than the number of offices available.
The current economic environment is more sluggish than in previous years and as a result there has been a slight drop in rent prices (between 3 and 8%) for the first time in many years but more time is required to find a new location than before.
This drop can be explained by
- A drop in the demand for rentals by international companies,
- A decline in banking activities (services, finance and trading),
- The departure of some large companies.
The rent for offices in Geneva varies depending on the location of the office, its floor space and prestige.
Rents (approximate): Geneva - City
|
Approx. City rental |
Standard building |
Prestigious building |
|---|---|---|
|
Downtown Geneva |
CHF 500.- to CHF 650.- /m² /year |
CHF 650.- to CHF 950.- /m² /year |
|
Geneva Center – left bank |
CHF 350.- to CHF 450.- /m² /year |
CHF 450.- to CHF 650.- /m² /year |
|
Geneva Center – right bank |
CHF 350.- to CHF 450.- /m² /year |
CHF 450.- to CHF 600.- /m² /yea |
Rents (approximate) : Geneva - Region
|
Estimated rental for the region |
Standard building |
Prestigious building |
|---|---|---|
|
Airport |
CHF 250.- to CHF 400.- /m² /year |
CHF 400.- to CHF 500.- /m² /year |
|
Meyrin - Vernier |
CHF 150.- to CHF 250.- /m² /year |
CHF 250.- to CHF 350.- /m² /year |
|
Praille - Acacias - Vernets |
CHF 250.- to CHF 300.- /m² /year |
CHF 300.- to CHF 450.- /m² /year |
|
Chêne - Thônex |
CHF 200.- to CHF 300.- /m² /year |
CHF 300.- to CHF 400.- /m² /year |
|
Lancy - Carouge |
CHF 250.- to CHF 300.- /m² /year |
CHF 300.- to CHF 450.- /m² /year |
Approximate rental prices based on those seen at the beginning of 2013
|
Approx. City rental |
Standard building |
Prestigious building |
|---|---|---|
|
Downtown Geneva |
CHF 500.- to CHF 650.- /m² /year |
CHF 650.- to CHF 950.- /m² /year |
|
Geneva Center – left bank |
CHF 350.- to CHF 450.- /m² /year |
CHF 450.- to CHF 650.- /m² /year |
|
Geneva Center – right bank |
CHF 350.- to CHF 450.- /m² /year |
CHF 450.- to CHF 600.- /m² /yea |
Rents (approximate) : Geneva - Region
|
Estimated rental for the region |
Standard building |
Prestigious building |
|---|---|---|
|
Airport |
CHF 250.- to CHF 400.- /m² /year |
CHF 400.- to CHF 500.- /m² /year |
|
Meyrin - Vernier |
CHF 150.- to CHF 250.- /m² /year |
CHF 250.- to CHF 350.- /m² /year |
|
Praille - Acacias - Vernets |
CHF 250.- to CHF 300.- /m² /year |
CHF 300.- to CHF 450.- /m² /year |
|
Chêne - Thônex |
CHF 200.- to CHF 300.- /m² /year |
CHF 300.- to CHF 400.- /m² /year |
|
Lancy - Carouge |
CHF 250.- to CHF 300.- /m² /year |
CHF 300.- to CHF 450.- /m² /year |
Approximate Geneva office rental prices based on those seen at the beginning of 2013.
