Berlin Office Market Dynamics , Q3 2025

355,100 sq.m. of office space was leased in Berlin in the first nine months of 2025, 20% less than in the same period of 2024(441,900 sq.m). This volume is also 29% below the five-year average (500,740 sq.m.) and 39% less than the ten-year average (583,560 sq.m.).

The vacancy rate increased to 8.2% in the third quarter of 2025, up from 8.0% in the second quarter of 2025 and 6.3% a year ago.Currently, more than 1.86 million sq.m. of office space is vacant in Berlin.

The prime rent increased by 50 cents in the third quarter of 2025 and reached €46.50/sq.m./month, up from €45.00/sq.m./month a year ago.