Summary and analysis of Frankfurt's current office real estate market conditions.
Insight
Frankfurt Office Market Dynamics, Q2 2025
In the first half of 2025, the highest office space leasing record was achieved in Frankfurt at 346,200 sq.m. This is 86% more than in the same period of the previous year (186,100 sq.m.), 105% more than the five-year average and 71% more than ten-year average.
The vacancy rate fell from 10.6% in the first quarter to 10.2% in the second quarter of 2025. As of the end of June, approximately 1.21 million sq.m. of office space remains vacant in Frankfurt, compared to 1.03 million sq.m. in the same period of 2024.
Prime rent reflects strong demand, rising from the €50.00/sq.m./month in the first quarter to €52.00/sq.m/month in the second quarter.