FRANKFURT STRONGEST OFFICE MARKET IN GERMANY
-
The Frankfurt office market can report take-up of 611,000 sqm at the end of 2025. This is the first time since 2019 that the result has exceeded the 600,000 sqm mark and a strong increase of almost 54% compared to the previous year has been registered. With this above-average result, Frankfurt is the strongest office market in a nationwide comparison, relegating Munich and Berlin to the top spots.
-
In particular, the major lettings of Commerzbank (73,000 sqm) and ING-Diba (32,500 sqm) in the first quarter, which were supported by BNPP RE, pointed the way forward for the rest of the year. While major contracts were a rarity in previous years, 9 deals with more than 10,000 sqm each were successfully finished in the first three quarters of the year. No other market recorded so many major contracts in 2025. Although no big contracts are reported for the final quarter, the increase in leasing activity, especially in the mid-range segment (2,001 to 5,000 sqm), contributed to a good quarterly result of 110,000 sqm. The previous year's result was significantly exceeded in all quarters.
-
Although the vacancy has continued to rise, there is still a lack of large, available first-time occupancy space and there is also pronounced competition among prospective tenants for feasible projects. As a result, the prime rent rose by 10% to €54.00/sqm in 2025, with individual smaller lettings already above that.