German Office Markets

Andreas Schulten and Ulrich Denk
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Andreas Schulten: BulwienGesa
Ulrich Denk: BulwienGesa

A chapter in Understanding German Real Estate Markets, 2012, pp 253-267 from Springer

Abstract: 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.

Keywords: Office employment; office stock; total returns; vacancy rates; yields (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:spr:mgmchp:978-3-642-23611-2_17

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DOI: 10.1007/978-3-642-23611-2_17

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