The quarterly Big 7 Office Market Dynamics Report summarizes and analyzes the current office real estate market conditions in the most important German office property markets.
Insight
Germany Big 7 Office Market Dynamics, Q2 2025
In the first half of 2025, the German Big 7 (Berlin, Düsseldorf, Frankfurt, Hamburg, Cologne, Munich, Stuttgart) recorded office take-up of around 1.4 million sq.m. representing an increase of 9% compared to the same period last year, confirming the overall positive momentum in the German office letting market.
Office space vacancy has continued to rise. Currently, approximately 7.6 million sq.m. of office space is available at short notice, which corresponds to a vacancy rate of 7.7%. In particular, the peripheral locations of the major cities and outdated properties are increasingly coming under pressure in many cities.
Prime rents in the Big 7 have risen year-on-year, with Munich and Frankfurt leading the way with gains of 12% and 11% respectively. This development illustrates the high demand for premium office space in top locations.