If you’re considering expanding your business or establishing a presence in Belgium, one of the first things you’ll need is the perfect office space. Belgium, with its central location in Europe, is a prime destination for companies looking to enter the European market. In this comprehensive guide, we’ll delve into the world of private office rental in Belgium, with a particular focus on Brussels, the heart of the country and the European Union. We’ll cover everything from office space prices and locations to public transportation and how to find the ideal office space to meet your business needs.
Understanding Office Space Prices in Brussels
Belgium’s capital, Brussels, is a bustling commercial hub and the center for European institutions and lobbies. When it comes to renting office space in this dynamic city, several factors come into play, affecting the pricing structure.
This is the base fee for using office space and can be charged monthly, quarterly, or annually.
These may include cleaning and maintenance and are often charged in addition to the rent.
Some office spaces in Brussels offer extra services such as internet, telephone and mail, while others may not. Ensure you find adequate providers who can cover these additional costs to help you make savings when renting your first office space in Brussels.
The area of Brussels in which your office space is located can significantly influence pricing, with central and desirable locations typically commanding higher costs.
It’s essential to consider these factors when evaluating office space prices. Our team of professionals at Interoffices is here to assist you in finding the perfect office space that suits your requirements and budget, ensuring a seamless and stress-free experience.
Brussels Office Space Prices
According to data from Statista, office rental prices in Belgium, specifically in Brussels, stood at an average of around 320 euros per square meter per year during the second quarter of 2022. This marked Brussels as the location with the highest office rents in the country. In contrast, in various regional markets within Belgium, office rental rates ranged from approximately 145 euros per square meter to 165 euros per square meter.
Last year, the cost of office space in Belgium saw a decline in the previous year, as indicated by the Occupier Cost Index (OCI), a benchmark that assesses this data across Europe. The OCI measures the expenses a company incurs to maintain a full-time employee in the office for a year. In 2022, Belgium’s OCI amounted to €11,067 per employee, reflecting a 4% decrease compared to 2021.
This decline was also mirrored in the European average, which fell by 4% to €9,122. Notably, Bulgaria remained the most cost-effective country in Europe for employing a full-time worker, while Switzerland, Norway, Sweden, the United Kingdom, Luxembourg, France, Denmark, and Germany were among the nations with higher costs.
However, it’s important to note that Belgium may witness a significant rise in these costs in the coming year. Factors such as a potential quadrupling or quintupling of energy expenses, inflation impacting not only material but also labor and rent costs, and the evolving hybrid work situation could contribute to a substantial increase in office costs. Our advice? Stick to flexible workplace providers such as ourselves to ensure flexible contracts where possible!
Getting to the office in Belgium
The STIB/MIVB operates a well-developed public transportation system in the city, including buses, trams, and metro lines. These options offer a quick and hassle-free way to navigate the city without the challenges of traffic and parking.
Many office sites in Brussels are conveniently accessible via public transit, making it easy for employees and clients to reach your destination. Public transit also connects Brussels National Airport to the city center, ensuring smooth arrivals for your team or visitors.
In summary, using public transit in Brussels is a convenient, efficient, and cost-effective way to get around.
Finding Your Ideal New Office Space in Belgium
When it comes to discovering the ideal office space in Belgium, particularly in the vibrant city of Brussels, having the right partner is essential. At Interoffices, we bring a wealth of expertise and a dedicated team of office specialists ready to assist you every step of the way.
Our experts can provide comprehensive information about office availability, pricing, and the inclusions within your rental package. What sets us apart is that all our services at Interoffices are provided to you completely free of charge.
Why Interoffices is your ideal partner for workspace solutions?
Interoffices offers a flexible workspace solution where corporations, SMEs, and independent professionals can easily rent fully equipped offices, conference rooms, and work desks with flexible terms, all within a unique and dynamic environment.
Our mission is to provide workspace-as-a-service, supported by cutting-edge infrastructure and a suite of additional services designed by and for the entrepreneurial community. Learn more about Interoffices.
Our approach is rooted in efficiency, comfort, and affordability. We believe in long-term partnerships with our clients, offering flexible contracts with no minimum duration. Why commit to a six-year lease when your business’s future direction may change in just 12 months? Our model reduces your startup costs, minimizes overhead expenses, and eliminates the need for substantial initial capital investments.
For a comprehensive list of office locations please see below: