Office take-up in Stuttgart totalled 23,800 sq.m. in Q3, bringing the year-to-date figure to 124,800 sq.m. and reflecting reduced momentum compared to the previous year and historical averages. In 2025 so far, activity was especially concentrated in City-Centre and Vaihingen-Möhringen, while public administration and manufacturing continued to drive demand.

Vacancy reached 539,900 sq.m. at quarter-end, corresponding to a vacancy rate of 5.8%. This represents an increase of 79,600 sq.m. compared to the same period last year, when the vacancy rate stood at 5.0%. 88,200 sq.m. of office space are currently under construction in Stuttgart.

Prime rents remained stable at €37.00/sq.m./month, continuing the trend seen in previous quarters. The weighted average rent moved slightly lower over the year as demand was largely focused on best-in-class properties in central locations.