In particular, the neighborhood of Madrid is in the second position of the ranking, just behind the Solna/Sundbyberg in Stocolm (Sweden). Regarding Barcelona, Plaça de les Glòries en 22@ area ranks in fifth, behind Stuttgart center (Germany) and Hauptbahnhof in Berlin (Germany).
The report examine the growth of rents experienced in these areas last year, as well as in comparison with the average growth of prime rents in town. Face to an increase in offices prime rents, in Madrid, of 6.4% in 2016, the Méndez Álvaro experienced an increase of 11.3%. Regarding Barcelona, offices prime rents in Paseo de Gracia/Diagonal rose by 7.5% last year, whereas in Plaça de les Glòries in 22@ it grew 12.1%.
“The fact that you may go beyond countries or cities with more interest to invest in, is an added value to the real estate investor, who keeps demanding more precision and location to diversify its portfolio. The forecasts regarding the rents’ growth in specific areas like neighborhood, are a key element to the decision-making”, explains Borja Ortega, director of Capital Markets in JLL.