According to the report of the Office market in Madrid and Barcelona in the 1st quarter of 2010, conducted by property consultant Aguirre Newman, the hiring of offices in the capital has increased by 72% compared to the first three months of the previous year, while in the city of Barcelona has risen by 73.2%. How things are going by per sq.m, Madrid Madrid adds 81.220 m of leased offices, regarding the 47.099 m achieved during the first quarter of 2009. He is expected that during the second quarter of the year, recruitment is maintained at higher levels than those recorded in the second quarter of 2009. Average prices have remained stable in all zones except the central business districts, where they have registered slight declines compared to the last quarter of the year. Maximum rents in the city have placed at 30 euros per square meter per month.
For the second quarter of the year, is expected to occur stabilization at levels of gross contracts, although it should be mentioned that It is expected to improve the levels of recruitment recorded during the second quarter of 2009. And Barcelona the first quarters of 2010 has also come loaded with work in Barcelona. 83.565 M of offices have been engaged.The maximum rent in Barcelona during the first quarter of 2010 stood at 24 euros per square meter per month. Is expected that gross hiring will suffer a slowdown in Barcelona during the second quarter of 2010, due to the shortage of demands of large surfaces, stood as well; levels similar to those recorded in the second quarter of 2009.