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Cost of office fit-out per sqm
Real estate strategy

Cost of office fit-out per sqm

Office fit-out cost per sqm: 2024 ranges, detailed line items, the Kytom method to set a budget that holds up in committee. Quantified guide for executives and DETs.

11 cities covered
1 200+ spaces transformed
66 passionate people

"Just budget it for me per sqm"

What our clients tell us.

You will recognise your situation if…

  • The quote received varies by a factor of three depending on the provider
  • No clear budget line between works, furniture and IT
  • The announced cost per sqm excludes structural items
  • The finance department refuses to arbitrate for lack of a comparable

Issues and impacts

Hidden cost

A budget underestimated by 15 to 20% at signing explodes during the works phase. Project feedback documents average overruns of 180 euros/sqm linked to technical discoveries (asbestos removal, electrical compliance upgrades, acoustic reinforcement). Without a contingency provision calibrated at 8%, the final trade-off falls back on furniture or finishes.

Human risk

A fit-out rushed to meet a generic budget degrades the employee experience. When acoustics are sacrificed, satisfaction drops by 27%. One absence in five is linked to working conditions. Savings per sqm are paid for in turnover.

Regulatory risk

The tertiary decree requires -40% energy consumption by 2030. A budget that ignores LED lighting, BMS or added insulation exposes you to Legifrance penalties of up to 7,500 euros. The regulations also govern floor areas, ventilation and accessibility via the R4214 provisions.

How Kytom goes about it

Kytom, active since 2006 with 11 agencies in France and Spain, structures the budget into six distinct line items: technical envelope (partitions, floors, ceilings), technical packages (HVAC, electrical, fire safety systems), referenced furniture (Vitra, Herman Miller, Knoll depending on the trade-off), signage, IT/audiovisual, and contingencies. Each line is defensible before an investment committee, with reference ratios consolidated internally. Across the 1,200+ projects delivered, the average fitted-out area reaches 850 sqm, which makes it possible to calibrate reliable ranges by typology (open space, flex, hybrid). The costing is reviewed at three key milestones (sketch, detailed design, contract), so that the real estate department never discovers a variance greater than 5%.

Our method

  1. 1. Diagnose

    Audit of the existing building (condition of technical packages, ERP compliance, energy performance) and gathering of target uses. Deliverable: a quantified scoping note with low, median and high euro/sqm ranges, justified line by line and benchmarked against the most recent market references in the commercial sector.

  2. 2. Frame

    Arbitration workshop with the executive, HR and real estate departments to set the level of specification per zone (collaboration, concentration, reception). Deliverable: detailed functional brief, target sqm/workstation ratio, budget scenarios compared at 900, 1,200 and 1,500 euros excl. VAT/sqm.

  3. 3. Design

    Architectural and technical design with precise detailed-design costing. Consultation of contractors based on the Kytom specifications. Deliverable: a contracted works package, a detailed schedule over 12 weeks on average, a risk matrix and a contingency provision calibrated at 8% of the overall amount.

  4. 4. Deliver

    Management as a general contractor: a single point of contact, a single invoicing stream, a results commitment. Deliverable: pre-acceptance inspection, snag clearance within 15 days, a digital as-built documentation file (DOE), and a line-by-line budget report handed to the finance department.

Cost and ROI

Cost range per sqm
800 to 1,500 euros excl. VAT/sqm
Excluding furniture and IT, depending on the level of specification and the condition of the existing building
Lead time
12 weeks on average
For an 850 sqm floor as a general contractor, excluding the upstream studies phase
Typical ROI
Payback in 3 to 5 years
Through area reduction (-20%), energy savings and lower HR turnover

An anonymised field report

"We had received three quotes ranging from 720 to 1,680 euros/sqm. Kytom rebuilt everything line by line: the committee approved 1,150 euros/sqm without debate, and we held the budget to within 2%."

+2%
Final budget variance vs market
-18%
Optimised area
11 weeks
Overall lead time

Frequently asked questions

What is the average price of an office fit-out per sqm in 2024?

For a standard project, count on 800 to 1,500 euros excl. VAT/sqm excluding furniture. Referenced furniture adds 250 to 600 euros/sqm. IT and audiovisual represent an additional 80 to 200 euros/sqm depending on the level of equipment targeted.

What exactly does the announced euro/sqm ratio include?

A defensible ratio covers partitions, floors, ceilings, paint, electrical, HVAC, fire safety systems and plumbing. Always check whether furniture, signage, removal, asbestos removal and fees are included. A 30% gap between quotes is often explained by these vague scopes.

How can you reduce the cost without degrading quality?

Working on programming upstream makes it possible to reduce the leased area by 15 to 25%. A well-calibrated flex office saves 200 euros/sqm in annual rent. Favouring furniture reuse lowers the furniture line item by 30% at equivalent quality.

Should you provide a contingency provision?

Yes, systematically. Kytom calibrates a provision of 8% of the works amount for a recent building, and up to 12% for a building predating 1990. The average overruns observed reach 180 euros/sqm when technical discoveries arise in an occupied site.

What is the lead time between signing and delivery?

Count on 12 weeks on average for 850 sqm as a general contractor, excluding the studies phase (an additional 4 to 6 weeks). A 2,000 sqm project with heavy technical packages moves to 18-22 weeks. The schedule directly conditions the final cost.

How can you defend the budget in an investment committee?

Present three quantified scenarios (900, 1,200, 1,500 euros/sqm) with ROI calculated over 5 years: area savings, energy savings aligned with the regulatory obligations of the commercial stock, measured HR impact. Kytom provides a comparative matrix benchmarked against 1,200+ projects to support the decision.