German
Market Review
Prime and Average Rents
In nearly all the office locations, prime rents have improved or remained stable with a reduction in prime rent
recorded in only two markets. Developments in average rents in the top leasing markets were fairly similar.
Prime Rents (€/sqm)
40,00
35,00
30,00
25,00
20,00
15,00
10,00
5,00
0,00
Berlin Düsseldorf Frankfurt
Hamburg Köln
München Stuttgart
+4.5%
-5.5%
22,00
23,00
27,50
26,00
38,00
38,00
24,00
24,50
22,50
22,90
32,70
34,50
20,00
21,50
0.0%
+2.1%
-7.1%
+5.5%
+7.5%
2013 2014
Average Rents (€/sqm)
20,50
15,00
12,50
10,00
7,50
5,00
2,50
0,00
17,50
20,00
Berlin Düsseldorf Frankfurt
Hamburg
2013 2014
Köln
München Stuttgart
+5.4%
-5.4%
13,00
13,70
14,80
14,00
18,50
19,50
14,00
14,50
11,90
11,50
15,30
14,90
12,00
12,60
+5.4%
+2.1%
-2.6%
+5.0%
-3.4%
Source: Colliers International
Source: Colliers International
IREIT Global
annual report 2014
