Office Dashboard

As expected, the German office markets still have to wait for an upward economic trend, as the German economy has not yet been able to regain momentum in a difficult global market environment. The ECB's tough stance on inflation during the summer compounded the problem. Germany's key leading indicators from ifo and ZEW in particular reflected the pessimistic outlook. Accordingly, the postponement of growth and investment decisions remained on the agenda, with direct consequences for letting activity on the office markets. The letting activity remains at a below-average level, but an increasing number of locations showing signs of stabilization and initial signs of a catch-up trend. Take-up in the eight locations of Berlin, Cologne, Düsseldorf, Essen, Frankfurt, Hamburg, Leipzig and Munich totaled just under 1.9 million m² in the first nine months of 2023.

State of data: Q3 2023


In order to not only keep an eye on the market development of various A-locations, but also to be able to work out office key figures such as top rents or vacancy rates in a city comparison, the Office Comparison Tool offers an optimal analysis tool.

State of data: Q3 2023


Find out more about the latest developments in the investment, office, logistics, retail, hotel, healthcare and residential real estate markets to base your property decisions on a strong foundation of solid market information. We are happy to provide you with an extensive overview of property-related developments throughout Germany and details of the real estate markets of the largest German cities.