Frankfurt

The highly qualified and enthusiastic specialist team in Frankfurt offer integrated solutions and professional advice to landlords when marketing their properties, as well as to tenants with regard to lease extensions, lease optimisation and new leases. In our office agency activities, our primary objective is always to enable our clients to make transparent, sustainable and plausible decisions.

Buying, renting or even building office space for your own needs?

This question also concerns you as a client. Using detailed analyses and our knowledge of whether a property is for sale or not (irrespective of official market information), we work with our clients to find possible purchase solutions for existing properties and projects. By working closely with our real estate investment and valuation teams, we enhance our knowledge and experience of owners and landlords of office space where required.

Around 205,000 sqm was let in Frankfurt’s office market in the first half of 2022, an increase in take-up of 11% year-on-year. Banks and financial services were the most active sector in the rankings with approx. 50,400 sqm, followed by the public sector and consultants with approx. 31,800 sqm and approx. 21,100 sqm, respectively. 

Significant rise in average rent

The average monthly rent in Frankfurt’s office market was €22.50/sqm by the end of the second quarter of 2022, compared to €21.00/sqm at the end of 2021. However, the monthly prime rent remains unchanged at €46.50/sqm. You can find a detailed overview of Frankfurt’s office rents in our bi-annually updated Rent Map. 
The supply of vacant office space has decreased since the fourth quarter of 2021, despite the small number of businesses moving into the city. A total of 995,000 sqm of vacant space is currently available to Frankfurt's office tenants, corresponding to a vacancy rate of 8.6%.