ReView Office Markets Milan Q4 2025
Milan's office market achieved 401,000 square meters of take-up in 2025 with a 6% year-on-year increase and 352 occupier transactions, ending two years of contraction, while Grade A/A+ premises represented 79% of total take-up. Prime office rents surged 11% in Q4 2025 to €800 per square meter per year in CBD Duomo and €760 in CBD Porta Nuova, though the overall vacancy rate edged up to 10.1% with CBD submarkets maintaining tight availability at 3.2% average vacancy.
Published by BNP Paribas Real Estate. Global Real Estate Intelligence links to the original source and credits the publisher; all rights remain with them.
Provenance
- Publisher
- BNP Paribas Real Estate
- Obtained from
- Unknown: source not established
- Published
- Dec 31, 2025
- Last updated
- Jun 28, 2026 (1 month ago)
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