Summary and analysis of Leipzig's current office real estate market conditions.
Insight
Leipzig Office Market Dynamics, Q4 2024
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In 2024, a leasing volume of 124,400 sq.m. was achieved over the year. This represents an increase of 14% compared to the previous year, and a decrease of 4% compared to the five-year average (2019-2023).
The vacancy rate in the fourth quarter of 2024 was 4.8%, 0.1 percentage points below the level of the previous year's quarter.
Compared to the previous year's quarter, the prime rent increased by 2 euros, or 10.5%, to €21.00/sq.m./month.