In the first quarter of 2023, prime office real estate in cities with the largest office markets of over five thousand million square meters of stock in Germany had an average prime rent of 37.3 euros per square meter. Office rents in smaller cities with office stock between two and five thousand square meters were twice as low. In the same period, the leading city in Germany by prime office rent was Frankfurt.
Prime rents in cities in Germany in 1st quarter 2023, by city market size
The source classifies office markets in the following categories:
Category A - existing stock over five million square meters
Category B - existing stock between two and five million square meters
Category C - existing stock under two million square meters
Category D - existing stock under two million square meters
further differentiation for C and D in terms of regional significance is in place.
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Catella. (March 23, 2023). Prime rents in cities in Germany in 1st quarter 2023, by city market size [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1129668/office-prime-rents-by-city-market-size-germany/
Catella. "Prime rents in cities in Germany in 1st quarter 2023, by city market size ." Chart. March 23, 2023. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1129668/office-prime-rents-by-city-market-size-germany/
Catella. (2023). Prime rents in cities in Germany in 1st quarter 2023, by city market size . Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1129668/office-prime-rents-by-city-market-size-germany/
Catella. "Prime Rents in Cities in Germany in 1st Quarter 2023, by City Market Size ." Statista, Statista Inc., 23 Mar 2023, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1129668/office-prime-rents-by-city-market-size-germany/
Catella, Prime rents in cities in Germany in 1st quarter 2023, by city market size Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1129668/office-prime-rents-by-city-market-size-germany/ (last visited November 10, 2024)
Prime rents in cities in Germany in 1st quarter 2023, by city market size [Graph], Catella, March 23, 2023. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1129668/office-prime-rents-by-city-market-size-germany/