Insights
Office Fit Out Cost Guide 2025
Highlights of the Office Fit Out Cost Guide 2025:
Our Office Fit Out Cost Guide 2025 shows the current costs for the fit-out and furnishing of your office space in Germany and EMEA. Created by our Project & Development Services experts, the guide helps with detailed budget planning for different fit-out standards – from simple upgrades to sophisticated, sustainable office environments. Wherever you are planning your project, our guide offers you important insights into budgeting and current market trends in 53 cities in Europe, the Middle East and North Africa.This year's Office Fit Out Cost Guide covers the following topics:
- Market review & outlook: How are macroeconomic conditions such as rising interest rates and construction costs, as well as geopolitical uncertainties, affecting the office rental market and willingness to invest? What forecasts can be made for 2025?
- Mood of general contractors: The results of our first Europe-wide survey of 50 general contractors across the region show that capacity utilisation is increasing, price pressure is easing, and expectations regarding material and labour costs and investment priorities are changing.
- Detailed overview of costs: A detailed benchmarking of fit-out costs, including planners‘ and consultants’ fees, as well as average costs for space restoration in the case of rented offices in 53 markets, takes into account the entire life cycle of your office property and provides guidance for financial calculations.
How much does an Office Fit Out cost in which City?
Most Expensive Cities in EMEA for an Office Fit Out
Cities |
Cost |
|---|---|
| 01/ London | 2,671 Euro/sqm |
| 02/ Hamburg | 2,512 Euro/sqm |
| 03/ Munich | 2,432 Euro/sqm |
| 04/ Frankfurt | 2,408 Euro/sqm |
| 05/ Berlin | 2,333 Euro/sqm |
| 06/ Manchester | 2,311 Euro/sqm |
| 07/ Birmingham | 2,199 Euro/sqm |
| 08/ Glasgow | 2,110 Euro/sqm |
| 09/ Dublin | 2,100 Euro/sqm |
| 10/ Kuwait, Doha | 1,950 Euro/sqm |
| 11/ Riad | 1,900 Euro/sqm |
Find Your Market Fit Out Cost Averages
Market assessment of general contractors in the office fit-out sector
How do general contractors in the office fit-out sector view market developments and what do they expect for 2025? We surveyed over 50 contractors from across the EMEA region.
Looking to delve deeper?
Request a fit out consultation and let our experts tailor solutions for your space.
For a deeper dive into how these insights can be tailored to your unique space, our team is ready to guide you through every step.
Let’s create a workspace that meets today’s needs and anticipates tomorrow's.
What is an office fit out?
Office fit out covers the design, construction measures, and furnishing of an office space, tailored to the user’s requirements. The type and scope of the customised fit out can cover a whole range of measures - from being restricted to surface finishes and furnishings through to a comprehensive fit out including the adaptation of technical building systems and the IT infrastructure.
Optimised, needs-based furnishing and equipping of workplaces can sustainably improve the productivity and well-being of employees and also contribute to a positive brand image. Whether you are moving into a new office or refurbishing your existing space, our guide will help you understand the costs associated with realising your ideal working environment.
Office fit out versus office
refurbishment: what’s the difference?
An office refurbishment is an office refresh project that is often less intensive than an office fit out. lt may include changing a layout, new furniture or replacing flooring. Often, a refurbishment can be carried out while the office is in use.
What are the benefits
of a new office fit out?
A well-thought-through office fit out can have a significant impact on your business. For example, by helping to create a positive working environment that is customised to the operational requirements of your company, thereby attracting and retaining talent and increasing productivity. Investing in a successful office fit out is therefore also an investment in the future of your business.
What are the factors
impacting office fit out costs?
The price per square metre of your new fit out depends on various factors, including:
Size and Type of Office Space
The fit-out costs vary depending on the room division density for any given quality and relative size. The installation density is generally higher in cellular offices than in open-plan spaces.
Level of Customisation
- Quality of surface finishes: The quality of finishes, such as flooring and wall coverings, can significantly impact office fit out costs.
- Complexity of design: The more complex the design — such as intricate lighting or made-to-measure furniture — the higher the cost.
- ESG requirements: Although a sustainable office fit-out can initially increase costs, it offers potential savings in the long term - especially when costs are considered over the life cycle of the lease.
- Technical services: Additional requirements, for example with regard to air conditioning or IT infrastructure, have an impact on the overall costs.
Location of the Office
The cost of materials, labour, and regulations can vary greatly depending on the location.
Fees, Timelines and Contingencies
- Project management and professional fees: Professional fees, such as architect and project management fees, can make up a significant proportion of the total office fit out costs.
- Timeline and delivery requirements: Tight timelines or delivery requirements can add costs for expedited tasks or overtime labour.
- Contingencies: A contingency margin is an essential element of any budget to cover unforeseen expenses or changes during the project.
Commercial office fit out costs per square metre
The cost of office fit-outs can vary considerably in Germany, depending in particular on the type and design of the fit-out.
The average costs for fit-outs of comparable quality, in major centres all the way from Hamburg in the far north to Munich in the far south, lie within a narrow band: a mid-range office fit-out in Berlin costs around EUR 2,333 per square metre, in Frankfurt EUR 2,408 while in Munich it costs around EUR 2,512 per square metre. The situation is similar for dismantling and reinstatement costs for mid-range designs. In Berlin, Frankfurt, Hamburg and Munich, these average around EUR 201 per square metre.
In view of the considerable investment involved, thorough requirements planning and expert advice are essential from commencement through to occupation. Our Project & Development Services experts will be happy to advise you and support you at every stage of your project.
The right budget calculation
Based on an initial needs and requirements analysis, we help you to get an overview of the expected hard and soft costs (construction, planning and consultancy costs) and to draw up a budget for your project.
Our Office Fit Out Cost Guide 2025 provides initial insights and highlights key factors for our clients' location strategy when planning and realising their office space. It also provides an answer to the question of how decision-making processes and investments can be optimised so that they result in a property portfolio that can be managed sustainably in the long term.
Our Services
We work with you to transform your working environment. Our experienced team will guide you through the entire fit out process - from concept to completion.
We manage your projects throughout Europe and support both occupiers and investors as an ever-reliable partner. In our projects, we work across departments and utilise the perspectives and insights of various disciplines. This enables us to recognise changes in the market at an early stage and react accordingly.
Design + Build
From the initial idea to completion: we develop your space and provide all planning and construction services from a single source.
Project Management
New construction, conversion or modernisation: We manage your projects - on schedule as well as in terms of costs and quality.
Technical Due Diligence
Why Choose Cushman & Wakefield?
Our expertise: Thanks to many years of experience in the field, our interdisciplinary team has the expertise to realise a high-quality office fit out that precisely meets your needs.
Holistic approach: Thanks to our structured approach, you can rest assured that your office fit out will be completed on time and on budget. We keep you informed at all times, from the first draft to final completion.
