Vacancy rates in the German office market have risen since the beginning of the coronavirus pandemic. In the fourth quarter of 2023, Germany's capital city, Berlin, saw the third-lowest prime office vacancy rate at 5.7 percent. That was an increase from 3.7 percent recorded in 2022. The city with the lowest vacancy was Cologne, where 2.9 percent of the offices were vacant.
Prime office vacancy rates in Germany from 2011 to 2023, by city
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Colliers International. (February 1, 2024). Prime office vacancy rates in Germany from 2011 to 2023, by city [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/792038/office-vacancy-rates-germany/
Colliers International. "Prime office vacancy rates in Germany from 2011 to 2023, by city." Chart. February 1, 2024. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/792038/office-vacancy-rates-germany/
Colliers International. (2024). Prime office vacancy rates in Germany from 2011 to 2023, by city. Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/792038/office-vacancy-rates-germany/
Colliers International. "Prime Office Vacancy Rates in Germany from 2011 to 2023, by City." Statista, Statista Inc., 1 Feb 2024, https://www-statista-com.ezproxy.canberra.edu.au/statistics/792038/office-vacancy-rates-germany/
Colliers International, Prime office vacancy rates in Germany from 2011 to 2023, by city Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/792038/office-vacancy-rates-germany/ (last visited November 10, 2024)
Prime office vacancy rates in Germany from 2011 to 2023, by city [Graph], Colliers International, February 1, 2024. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/792038/office-vacancy-rates-germany/