Increase in Rents and Interest in Green Offices in Cyprus
October 1, 2026
The commercial real estate market in Cyprus is evolving based on energy specifications and ESG criteria. In Limassol, rents for modern Grade A offices reach up to €60 per m², while in Nicosia they range from €25 to €35 per m². Multinationals are quickly absorbing available 'green' spaces. The choice of office space has become a strategic move for attracting talent and enhancing employee performance. The quality of a building impacts both its value and demand in the market.