At a Glance Q3 2021

Office market Frankfurt

Büromarkt Frankfurt


The upward trend already observed in the first half of the year continued in the third quarter. Take-up in the entire Frankfurt market area totaled 329,000 m² by the end of September, of which 263,000 m² was attributable to the more narrowly defined gif area. Year-on-year, this represents an increase in take-up of just under 37%, and the ten-year average was only missed by 9%. Taking into account that large parts of the first half of the year were still characterized by a lockdown, the constant recovery movement can be seen as an indication that market activity is increasingly normalizing. This is particularly true in view of the fact that the major deals over 10,000 m², which are important in Frankfurt, are still below average with a share of take-up of just under 11%. By contrast, demand in the smaller classes is now very brisk again. In a national comparison, the banking metropolis ranks fourth and, together with Hamburg and Cologne, is one of the locations that achieved the strongest year-on-year increase in take-up.

Read the full report by downloading the PDF document.
Download this market report as PDF