Stuttgart

Advisor to Stuttgart's office tenants - Since 2004.

Where is the most inexpensive office in Stuttgart? Can I secure even larger office space in top locations in the City and City-Fringe submarkets? Where will new office space be built? These are just some of questions being asked by Stuttgart’s office tenants, and we know the answers. The sustained shortage of space in recent years necessitates an intensive search for the right office space. It helps if a competent local advisor can support you in your quest. In addition to the formal offers of space in Stuttgart, he knows of office space and properties not on the market, such as space available to sub-lease. He is aware of when leases are due to expire in a desired location and can contact the owner in good time to be able to offer the space to his client at the earliest opportunity. Sometimes it is more advisable for existing leases to be extended on reasonable terms than to lease one of the more than 600 available office units in the market, even where we don’t consider this to be the most profitable option.

 

Medium-sized companies shape the Stuttgart office market

Although medium-sized companies in Stuttgart are very satisfied with the office space on offer, they are also highly cost-sensitive. It is therefore our responsibility to negotiate sensitively between landlords and tenants to achieve an optimal result. Although rents in the city have risen in recent years, there has always been a higher proportion of office users seeking basic quality space at average prices and our team takes this into account when advising office tenants in the city.

 

  • The Stuttgart office market revealed

    Office letting is a local business. This is why we are not only familiar with the office properties in Baden-Württemberg’s capital, but also record them in detail in order to be able to provide office tenants with the most comprehensive information possible about their dream property. We also research the market to identify the lettings that have taken place, the rents and terms agreed, and the properties involved. The results are available to read in our quarterly office market report. This provides a city map of rental prices in Stuttgart, making the market more transparent for you as a tenant. Current office rents are presented on a district-by-district basis.

     

  • National set-up – local presence

    We are also able to follow up leasing enquiries for regions outside Stuttgart by working with our offices in Berlin, Frankfurt, Hamburg and Hannover, and by cooperating with real estate brokers across Germany. Flexibility, trust in the Angermann brand and quick decision-making enable small to medium sized (SME) companies in Germany to network when required.

     

  • From real estate broker to workspace advisor

    The days when real estate brokers just traded office space are long gone. Today we are all-round advisors acting on behalf of office tenants. Conscious of the responsibility we hold, we ensure transparency in decision-making and endeavour to reduce to the bare minimum the costs to our clients of leasing office space. Whether a particular office space is right for you doesn’t just depend on the location, fit-out specification and rent. We make it our business to analyse your long-term requirements for future office space. We demonstrate that the rent, often seen as the most important factor behind a decision, may be less meaningful if it is not known how many workspaces can be accommodated in the space, what fit-out standard is included in the asking price or if there are expensive fit-out works yet to be carried out.

    We value staff loyalty, provide and promote continuing professional development amongst our advisors, training our staff to real estate qualification level at most of our offices every year. Our company’s professionally-qualified staff maintain the quality of the services promised to our clients. The career paths at Angermann are as diverse as our staff: from office leasing to investment, from trainees to department leaders, from team leaders to board members – this is important for us as an employer in the SME segment.

     

     

Finden Sie jetzt Ihre perfekte Immobilie

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Team

Your office agency team Stuttgart

Jawed Sadiqi

Jawed Sadiqi

Manager Office Agency Stuttgart

Bolzstraße 3, 70173 Stuttgart
+49 (0)711 22 45 15-30

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Laurence Dünkel

Laurence Dünkel

Real Estate Consultant

Bolzstraße 3, 70173 Stuttgart
+49 (0)711 22 45 15-52

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Matthias Körner

Matthias Körner

Real Estate Consultant

Bolzstr. 3, 70173 Stuttgart
+49 (0)711 2245 15-54

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Sophie Sommerfeld

Sophie Sommerfeld

Assistant

Bolzstraße 3, 70173 Stuttgart
+49 (0)711 22 45 15-50

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Real Estate Market Stuttgart

Letting activity should increase in the second half of 2021

As a result of the pandemic, just 139,000 sqm of office space was let in 2021. Large lettings and owner-occupier deals have failed to materialise so far this year. However, letting activity was strong in the small and medium size categories. With the working-from-home obligation coming to an end, a higher take-up can be expected in the second half of the year.

 

More available office space

The supply of vacant office space has fallen sharply in recent years but this trend was reversed in 2020. Since the end of 2019, the vacancy rate has increased from 150,000 sqm to 255,000 sqm. corresponding to a vacancy rate of 3.0%. The public sector has accounted for most lettings so far this year. 
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The prime rent remains at a high level

Despite the increasing supply, top office space remains scarce in the Baden-Württemberg capital and rents remain high. The prime and average rents remained stable at €26.70/sqm/month and €16.50/sqm/month, respectively. You can find a detailed overview of office rents in Stuttgart in our quarterly updated rent map

 

 

How much do you pay for an Office Space in Stuttgart?

*€/sqm net rent plus service charges and VAT
26.70 €

Top Rent

16.50 €

Average Rent

16.50€-25.00€ Mitte
14.00€-21.00€ City
12.50€-22.00€ Übriges Stuttgart

 

 

 

Contact

Your direct point of contact to identify and secure office space in Stuttgart:

Angermann Real Estate Advisory AG

Bolzstraße 3
70173 Stuttgart

Tel.: +49 711 22 45 15-50

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