Spain's office market set to reach €3 billion in 2026 as investment normalises
Spain's office market closed 2025 with €2.63 billion in investment, approaching normalised levels. Savills forecasts €3 billion for 2026, in line with historical averages, confirming the return of institutional confidence after interest rate adjustments.
FM Radar's 3 takeaways:
- Spain's office market invested €2.63 billion in 2025, approaching historical normalisation
- Savills forecasts €3 billion in office investment for 2026 — matching the long-term average
- Institutional confidence returns after the interest rate adjustment cycle

