FRANKFURT OFFICE MARKET WITH TOP RESULT - MAJOR CONTRACTS SEND STRONG SIGNALS
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The Frankfurt office market ended the first half of 2025 with a record result of 366,000 sqm. A brilliant start to the year with 204,000 sqm of take-up was followed by a second strong quarter with a further 162,000 sqm. Consequently the second quarter is still one of the strongest in terms of take-up in the past five years, and an outstanding half-year result was also achieved in historical terms. Only in 2001 a higher half-yearly take-up has been recorded.
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The market is currently dominated by large-volume agreements. In Q1, the project lettings by Commerzbank (73,000 sqm) and ING-DiBa (32,000 sqm) as well as the deal signed by White & Case (10,000 sqm) lifted take-up to a new level. In Q2, the contracts signed by KPMG (approx. 12,000 sqm in the Opernturm and approx. 21,000 sqm in the Park Tower) and Condor Flugdienst at Frankfurt Airport (a good 15,000 sqm) sent strong signals to the market. Deutsche Rentenversicherung Hessen contributed a further 13,000 sqm.
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The fact that demand for office space is also slowly rising again across the board is shown by the year-on-year increase in take-up in the segment between 500 sqm and 2,000 sqm (+23%) and the long-term average take-up in the size category between 2,000 and 5,000 sqm.
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The prime rent is stable at €54.00/sqm (+10% compared to the previous year), while the pronounced focus of demand on high-quality space has caused the average rent to rise further to €27.80/sqm for the first time (+11.2%).