LOWER OVERALL RESULT, BUT SMALLER LETTINGS INCREASE
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At the end of 2025, the Berlin office market reflects the trends that have already built up over the last 12 months: On the one hand take-up of around 486,000 sqm quotes 16% lower compared to the previous year and the volume of larger contracts of above 5,000 sqm is significantly lower (-71%). On the other hand take-up of smaller and medium-sized deals was very good (+17% to 5,000 sqm). The high number of registered contracts also underlines that the leasing momentum has not slowed down but is primarily structured on a smaller scale.
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The micro-location and the quality of the office building remain the most important parameters of rental decisions: almost three quarters of take-up is accounted by Topcity and City Centre locations, which in turn account for the majority of modern take-up (also almost 75%). The office market zones with the highest take-up primarily include Mitte (74,400 sqm), Charlottenburg/Tiergarten (72,300 sqm) and Kreuzberg/Neukölln (52,300 sqm), all of them are City Centre locations.
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In terms of prime rents, the upward pressure in the premium segment is currently lower than in locations such as Munich and Frankfurt, where demand is focused on a few prestige properties and new construction projects in prime locations. Compared to the previous year, there was an overall increase of 4% to €47/sqm in Berlin, while prime rent in Munich increased by over 8% (€58/sqm) and in Frankfurt by more than 10% (€54/sqm).