Savills: 392,266 square metres of office space taken up in Frankfurt in 2015

Realopedia Global Real Estate Portal

Savills’ February 2016 report on the main office markets of Germany noted that, across the six largest markets, some 3,316,758 square metres of space was taken up in 2015. Frankfurt accounted for 392,266 square metres, an increase of 6.0% relative to 2014. As of 3Q15, the office vacancy rate in Frankfurt was 10.2%, or 110 basis points less than in 2Q15. Prime rents in Frankfurt were EUR39.00 per square metre per month, up 1.3% relative to 2Q15. Average rents were 2.7% higher at EUR19.00 per square metre per month.

Source : Savills/Mar 2016/Frankfurt/OFF