Vacancy rate of office space in Germany 2021-2023, by city

In 2023, Münster and Karlsruhe had the lowest vacancy rates in Germany at less than three percent which clearly indicates the high demand for this asset class. In Berlin and Munich, which are the two largest office real estate markets in the country by volume of office stock, the vacancy rate stood at 4.2 percent.

2023年，德国的明斯特和卡尔斯鲁厄的空置率最低，不足三个百分点，这显然表明了此类资产类别的高需求。而在柏林和慕尼黑，作为国内办公房地产市场中规模最大的两个城市，其空置率达到了4.2个百分点。