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Geneva Office Space Guide

A guide to serviced offices and offices to rent in Geneva as well as general information that may be useful if you are considering renting office space in the city.

For further Geneva offices information or to search office space to rent in Geneva just click. Or contact us for any office rental query.

History & Geography

Geneva is the second-largest city in Switzerland as well as an iconic financial centre and world city. Situated on the picturesque Rhone River and Lake Geneva, the city is one of the most picturesque in Europe. Geneva is surrounded by both the Alps and the Jura mountain ranges and lies near the border with France. Geneva began life as a Roman fortress town, defending the region from the depredations of the Helvetti tribe. During the Late Roman Empire, the town became Christian and installed a bishop. Until the 14th century, the city was ruled by a count, until which it acquired a charter and in essence became self-governing. It was also around this time that the House of Savoy rose to prominence in Geneva and came to dominate many of the cities affairs. However, by the middle of the 16th century, the Protestant Reformation had come to Geneva and the influence of the House of Savoy was waning. For a time the founder of Calvinism, John Calvin, became the de facto leader of Geneva. But at the end of the 18th century, France annexed Geneva and city effectively fell under French rule. In 1815, after France had been defeated in the Napoleonic Wars, Geneva was admitted to the Swiss Confederation. During the 19th century, Geneva prospered and both its population and borders grew correspondingly. During WWII Switzerland stayed neutral and the city managed to avoid the destruction wrought on many other European metropolises. In the latter half of the century, Geneva became the headquarters of many international agencies and organizations. Many of the agencies of the UN are based in the city as well as the Red Cross. Today the city is also an important financial centre and according to Mercer has the third highest quality of life of any city in the world.

Economy

Unlike many other large European cities, Geneva has never had a strong manufacturing sector. Instead, Geneva’s economy has largely been service-based. This remains so today, with the main bulwarks of the city’s economy being international trade and private banking. A host of companies have their international headquarters based in the city. These include Electronic Arts, Take Two Interactive, Societe Generale de Surveillance, Caterpillar, DuPont, Cargill, Hewlett Packard, and many more. Geneva is also the headquarters of many international organizations, and this is also an important part of the city’s economy. Geneva is also famous for the Geneva Motor Show, the premier motor show in the world, where many major manufacturers reveal new models and prototypes. The city is also renowned for its watch-making industry, which has a long and rich heritage. Many of the best-known watchmakers in the world call Geneva home, including Patek Phillipe, Omega, Vacheron Constantin, Raymond Weil, Rolex, and Jaeger-LeCoultre. Currently, Geneva is the fourth most expensive city in the world to live in. Currently, the unemployment rate in the city is 6.3 percent and the number of jobs is estimated at over 124,000. Many people who work in Geneva commute into the city because of the high cost of living.

Tourism & Culture

While Geneva may not rank among the top travel destinations in Europe, it does have a healthy tourism industry and sees thousands of visitors a year for both business and recreation. Geneva has never been badly bombed as many other European cities have, so it has a vast wealth of historical buildings and cultural sites. Among these are Russe Church, Saint Germane Church, and the Cathedral St Pierre. Geneva also has a large number of museums which are popular with visitors. The most well-known of these is the Museum of the International Red Cross, Musee Rath, Museum d’Histoire Naturelle, and the Museum d’Histoire et Sciences. Geneva has a rich culture and unique traditions of which its residents are proud. Some of the most important festivals in the city are the L’Escalade Festival and Jeune genevois. L’Escalade falls on the weekend nearest to the 12th of December and celebrates the defeat of the Duke of Savoy in 1602. Juene genevois is on the first Thursday following the first Sunday in September and commemorates the St Bartholomews Day massacre in 1572 in which many French Huguenots were killed.

Transportation

The city is served by the Geneva Cointrin International Airport which is connected to the city through a train link. The airport serves approximately 14 million passengers every year and is the main hub for EasyJet Switzerland. Public transportation in Geneva itself is excellent. Residents and visitors can get around the city by bus, tram, or trolleybus. Geneva also has excellent rail connections and is served by its main station, Cornavin. There are connections to many French and Swiss towns in the vicinity as well as long haul connections. New links are being added all the time.

 

Office rental in Geneva 

Currently, the overall vacancy rate for Class A office space in Geneva stands at approximately five percent. However, this figure looks set to change as a host of new space becomes available in areas like the Cointrin, near the airport, and in the Blandonnet buildings. Prime rents in the CBD are currently stable at approximately CHF 1025 per square metre per year. The frontage of Lake Geneva is currently the most expensive area to rent office space, with the right bank and Petit-Saconnex area, where many international organizations have space, following behind. Financial institutions are forecast to continue to consolidate and optimize their requirements for space.

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Geneva has a vast selection of business travel accommodation options and we have partnered with Booking.com to bring you all of these in one place.

You can use the search tool below to search and book. If you have a Booking.com account, you can log into that via the tool.

Please also see our new Street Address Guide for this location below.



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