Spotify New HQ in Stockholm – Paying $1.38M a Month in Rent

  • $823/sq. meter = $76.45/sq. foot.

    https://www.wired.com/2014/09/silicon-valley-offices-are-stu... from 2014 says:

    > In Mountain View, for example, the home of Google, the price of office space is more than two-and-a-half-times the national average: nearly $97 per square foot, versus just less than $35. In Palo Alto, the suburban enclave where Facebook was born, office rents top $88 per square foot, with a vacancy rate below 4 percent. Surprisingly, office rents in San Francisco, home of the $3,000 one-bedroom apartment, are low by comparison, coming in at $60 per square foot.

  • Note that engineer salaries are much lower in Stockholm than in the Bay Area. So them spending that amount of money on new office space is not really significant.