At a Glance Q4 2023

Office market Düsseldorf

Büromarkt Düsseldorf


The Düsseldorf office market was comparatively solid in 2023. With take-up of 280,000 m², it fell only slightly short of the previous year's result by 4%, but was 23% below the long-term average. The below-average performance is due to the subdued letting activity in the first half of the year (95,000 m²). On a positive note, the market has picked up in the past two quarters. In the second half of the year, take-up in Düsseldorf totalled 185,000 m², which represents an upward trend. A special feature of the Düsseldorf market is the significant increase in rents in the absolute top segment. The remarkable increase in prime rents by €6/m² (+18%) to currently €40/m² is largely due to project developments around Königsallee. As in other top German office locations, high demand for modern space in premium locations in Düsseldorf meets a very low vacancy volume. At the same time, the average rent rose by €1.50/m² (+8%) to currently €20.90/m².


The PDF download contains an overview of the key figures for the Düsseldorf 2023 office market and the detailed table of key figures at submarket level can be accessed via the following link.

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