The affordable HQ for your business
Available business spaces and prices by type
Antwerp boasts a staggering 2,300,000 m² of office space, representing roughly half of Flanders' total. Within this vast expanse, there are 1,400 workspaces available. Rental prices for office spaces range from €100 to €185 per square meter per year, as reported by a survey of brokers in 2022. To further enhance its standing as a premier office destination, Antwerp has already completed the construction of 140,000 m² of new floor space in recent years. Another 140,000 m² of new floor space is in the pipeline, which will enhance the city's office landscape even further.
Antwerp offers a vast expanse of industrial space, with over 750 hectares already developed or with potential for future development. This generous offering accommodates around 30,000 companies, creating 160,000 job opportunities. When it comes to renting industrial or logistics space, maximum rates are set at €65/m²/year , respectively. It's important to note that these prices are indicative only and may vary between different business parks. Antwerp's industrial landscape provides a thriving environment for businesses, with ample space and potential for growth.
An equally mind-blowing one million square metres of retail space (excluding the hospitality industry and services) awaits your business in Antwerp. Frictional vacancy amounts to some 85,000 m², which means that there is ready availability for new investors. Three-quarters of the retail space is located in shopping areas. The top rental prices for retail space are in the centre of Antwerp, around the Meir and Schuttershofstraat (a triple A location valued at €1,850/m² on average). Outside of the centre (Nationalestraat, Abdijstraat) the rental prices are much lower (€300/m² on average).
available retail space
of commercial space
core shopping areas
Source: The Retail Factory 2022
+/- 750 ha industrial space
© Ron Janssens
Development areas in real estate
In the city centre, a number of large real estate projects are in development, soon to deliver noticeable extra value to the commercial heart of the metropolis. The former Antwerp Tower office block was recently transformed in this way into a mixture of retail, office and residential spaces. A number of other real estate projects in strategic locations are also in the works are being eagerly awaited. These include Century Center (Baltisse) and Meir Corner (Tans). All these projects are taking care to blend commercial, residential and office functions. Several projects will create additional high-quality commercial space.
An affordable housing market
The cost of living in Belgium is lower than that of neighbouring countries. The cost includes the average rent for housing as well as the cost for water, electricity and gas. The price comparison is shown with the average cost for the EU at 100. (source: Eurostat 2018)