Summary and analysis of Hanover's current office real estate market conditions.
Insight
12 February 2026
Hanover Office Market Dynamics, Q4 2025
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In 2025, the Hanover office leasing market recorded a take-up of 104,200 sq.m., reflecting a decline of 25% compared to the the previous year.
The vacancy rate increased by 90 basis points compared to Q4 2024, reaching 6.3%. Currently, approximately 341,100 sq.m. of office space is available to the market at short notice.
The prime rent rose by €3.00 year-on-year to €24.50/sq.m./month.