Office Market Germany — Figures Compared by Source
What 5 research houses currently report on the office market in Germany — rents, yields, vacancy and investment volume side by side, rather than scattered across separate reports. Where the figures disagree it is usually a matter of differing definitions, so they are shown per source and never averaged.
Rents — Office, Germany
| Source | Type | Value | Period | Quoted from report |
|---|---|---|---|---|
| BNP Paribas RE Marktberichte | Average | 22.2 EUR/m²/month | H1 2026 | 22,20 Durchschnittsmiete (in €/m²) |
Yields — Office, Germany
| Source | Type | Value | Period | Quoted from report |
|---|---|---|---|---|
| BNP Paribas RE Marktberichte | Net initial | 4.49 % | H1 2026 | Für Büros ist die Netto-Spitzenrendite im Durchschnitt der A-Standorte auf 4,49 % |
| C&W MarketBeat Germany | Prime | 4.88 % | Q1 2026 | average prime yield for office properties in the Top 7 markets recorded a minimal compression from 4.90% to 4.88% |
Range across all sources: 4.49 to 4.88 %. The gap is mostly a matter of differing definitions (Net initial, Prime), so these values are not directly comparable.
Vacancy — Office, Germany
| Source | Type | Value | Period | Quoted from report |
|---|---|---|---|---|
| BNP Paribas RE Marktberichte | — | 8.9 % | Q1 2026 | Der Leerstand beläuft sich in den analysierten Bürohochburgen auf insgesamt 8,9 Mio. m² |
| Colliers International DE | — | 9.2 % | H1 2026 | the vacancy rate increased to 9.2%, the highest level recorded since 2007 |
| C&W DE Insights | — | 9.8 % | Q2 2026 | The aggregated vacancy rate reached 9.8%, approaching the 10% threshold |
Range across all sources: 8.9 to 9.8 %.
Investment Volume — Office, Germany
| Source | Type | Value | Period | Quoted from report |
|---|---|---|---|---|
| Berlin Hyp | — | 5.7 EUR bn | FY 2025 | Im Vergleich zum Transaktionsvolumen der Assetklasse Büroimmobilien von rd. 5,7 Mrd. Euro im Jahr 2025 |
| BNP Paribas RE Marktberichte | — | 3.17 EUR bn | H1 2026 | erzielt im ersten Halbjahr 2026 ein Transaktionsvolumen von rund 3,2 Mrd. € |
| C&W DE Insights | — | 2.78 EUR bn | H1 2026 | the office sector, which generated €2.78 billion and a market share of 22 per cent |
| Colliers International DE | — | 1.69 EUR bn | Q1 2026 | Office properties maintained their top position with a market share of 26% |
| C&W MarketBeat Germany | — | 1.66 EUR bn | Q1 2026 | office properties secured the top position with €1.66 billion and a 22% market share. The 9% increase |
Range across all sources: 1.66 to 5.7 EUR bn.
Underlying market reports
Every figure on this page comes from one of the published market reports below, and is shown with the sentence it was taken from.
- BÜRO-INVESTMENTMARKT DEUTSCHLAND Q2 2026
- BÜROMARKT DEUTSCHLAND Q2 2026
- INVESTMENTMARKT DEUTSCHLAND Q2 2026
- Germany: Top 7 Office Leasing Q2 2026
- German Office Markets in Transition
- German Real Estate Investment Market reaches €16.6 billion in the first half of the year
- Büro-Investmentmarkt — Q1 2026
- BÜROMARKT DEUTSCHLAND Q1 2026
- Germany: Commercial Investment Q1 2026
- Germany MarketBeat Q1 2026
- Kurzstudie: Industrial im Fokus, Teil 2 Teil 2 der von Berlin Hyp und bulwiengesa erstellten Kurzstudie zum deutschen In
- BÜRO-INVESTMENTMARKT DEUTSCHLAND Q4 2025
- INVESTMENTMARKT DEUTSCHLAND Q4 2025
- Germany: Top 7 Office Leasing Q4 2025
- BÜRO-INVESTMENTMARKT DEUTSCHLAND Q3 2025
Other markets
AI-generated: figures extracted automatically from the source reports and
not manually verified. Each value shows its original quote.