What is the average Class A rent in Zurich?

Around 95 CHF/sqft/yr ($105 USD) across the broader Class A index. Trophy submarkets like Bahnhofstrasse / Paradeplatz command 20–40% above that.

How many months of rent-free are normal in Zurich?

6 months on a 7-year deal is the standard benchmark. Lease-up product or tenants with strong covenant strength can push higher.

Are rents rising or falling in Zurich?

The Zurich Class A market is currently flat. Vacancy is 3.8%, which sets the negotiating context.

Headline Class A rent in Zurich is around 95 CHF/sqft/yr ($105 USD), with 6 months of typical rent-free on a 7-year term.

Headline Class A rent: 95 CHF/sqft/yr ($105 USD).
Trophy submarket rents (Bahnhofstrasse / Paradeplatz) push to roughly CHF 110/sqft/yr · ≈ $121 PSF/yr USD.
Typical concessions on a 7-year deal: 6 months free rent.
Vacancy stands at 3.8% — market trend is flat.
Use effective rent (face minus PV of concessions), not headline, to compare deals.

Zurich Class A office rents and incentives

Headline Class A rent in Zurich is around 95 CHF/sqft/yr ($105 USD), with 6 months of typical rent-free on a 7-year term.

TL;DR

Headline Class A rent: 95 CHF/sqft/yr ($105 USD).
Trophy submarket rents (Bahnhofstrasse / Paradeplatz) push to roughly CHF 110/sqft/yr · ≈ $121 PSF/yr USD.
Typical concessions on a 7-year deal: 6 months free rent.
Vacancy stands at 3.8% — market trend is flat.
Use effective rent (face minus PV of concessions), not headline, to compare deals.

Headline rent vs. effective rent

Asking rents in Zurich are quoted in CHF per sqft per year. Across the broad Class A index the figure is 95, but the trophy tier in Bahnhofstrasse / Paradeplatz reaches roughly CHF 110/sqft/yr · ≈ $121 PSF/yr USD. Always discount headline rent by the present value of free rent and fit-out-capex">tenant improvement allowance to land on effective rent — the only number that compares cleanly across deals.

Rent-free and TI

Standard Zurich concessions on a 7-year Class A lease run to 6 months of base-rent abatement. Trophy lease-ups can push rent-free 25–40% above that benchmark. Local cost-of-occupancy is also shaped by tax — Effective combined federal + cantonal + municipal corporate tax in Zurich approximately 19.7%. Switzerland's tax cooperation regimes for multinationals (e.g. Patent Box) are meaningful.

Where rents land by submarket

Bahnhofstrasse / Paradeplatz sits at the top end (~CHF 110/sqft/yr · ≈ $121 PSF/yr USD). Zürich-West clears around CHF 75/sqft/yr · ≈ $82.5 PSF/yr USD as the prime tier. Zürich-Nord (Oerlikon) represents the value end at ~CHF 50/sqft/yr · ≈ $55 PSF/yr USD. The full submarket map is on the Zurich city page.

Key facts

city	Zurich
country	Switzerland
region	EMEA
classARentLocal	95 CHF/sqft/yr
classARentUsd	$105/sqft/yr
vacancy	3.8%
typicalLeaseYears	7
typicalRentFreeMonths	6
submarkets	5
primeYieldPct	3.2%
trophyRent	CHF 110/sqft/yr · ≈ $121 PSF/yr USD
primeRent	CHF 75/sqft/yr · ≈ $82.5 PSF/yr USD

Frequently asked questions

What is the average Class A rent in Zurich?: Around 95 CHF/sqft/yr ($105 USD) across the broader Class A index. Trophy submarkets like Bahnhofstrasse / Paradeplatz command 20–40% above that.
How many months of rent-free are normal in Zurich?: 6 months on a 7-year deal is the standard benchmark. Lease-up product or tenants with strong covenant strength can push higher.
Are rents rising or falling in Zurich?: The Zurich Class A market is currently flat. Vacancy is 3.8%, which sets the negotiating context.

Editorial provenance

Reviewed by Samuel Okafor — EMEA contributing editor. Last updated 2026-04-15. See our methodology and editorial standards.

Primary sources for this page

CBRE Marketview reports — CBRE
JLL Office Insight — JLL
Cushman & Wakefield Marketbeat — Cushman & Wakefield
Savills World Research — Savills
Colliers Global Office Outlook — Colliers

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