In its latest (3Q15) Market Report on the European office sector, Savills noted that prime rents and secondary rents in Frankfurt were, respectively, EUR462 and EUR310 per square metre per year. Year-on-year growth in prime rentals is about 2%, having been unchanged in the year to 1Q15. Looking forward, Savills anticipates that take-up of office space will remain unchanged. Supply of new space is expected to fall. Prime rents are expected to remain rise. In its report, Savills highlighted how the vacancy rate for prime offices had fallen by 20 basis points to 11.4% over the last year.

Source : Savills/December 2015/Frankfurt/OFF