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German Office Markets

In: Understanding German Real Estate Markets

Author

Listed:
  • Andreas Schulten

    (BulwienGesa)

  • Ulrich Denk

    (BulwienGesa)

Abstract

Market activity on the German office property market focuses strongly on the seven prime markets Berlin, Cologne, Düsseldorf, Frankfurt/Main, Hamburg, Munich and Stuttgart. Relative to primer rents, both markets Frankfurt/Main and Munich are comparable and competitive within the global context. Vacancy rates in respective markets differ substantially, reaching even 18% in Frankfurt/Main. Berlin leads in terms of office stock and take-up, whereas prime rents in the German capital still lag behind expectations.

Suggested Citation

  • Andreas Schulten & Ulrich Denk, 2012. "German Office Markets," Management for Professionals, in: Tobias Just & Wolfgang Maennig (ed.), Understanding German Real Estate Markets, edition 127, pages 253-267, Springer.
    • Handle: RePEc:spr:mgmchp:978-3-642-23611-2_17
    DOI: 10.1007/978-3-642-23611-2_17
    as

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