Real-Estate Costs

RENT FOR OFFICES IN LARGE GERMAN CITIES

With a peak rental price of 39 euros per square meter, Frankfurt on the Main continued to rank first in 2016 when it comes to rental prices for office space. Munich and is in second place, as in the previous years, with 35 euros per square meter. New on third place is Germany's capital with 27 euros per square meter. The City shows the highest annual increase in rental levels compared to all other German metropolises. When compared to the previous year, alle the top office locations in Germany were able to record slight increases in the peak rental prices for office space.

With 12.60 euros and 12.20 euros respectively per square meter, the rental prices for office space in Leipzig and Dresden are still significantly lower compared to other German metropolises. 

Chart: Peak Rental Prices for Offices in Large German Cities 2016

Source: Savills World Research, “European Commercial - Market report European Offices”, December 2016 and „Real Estate Markets Berlin and Eastern Germany 2016“, TLG IMMOBILIEN AG

FINDING COMMERCIAL REAL ESTATE ONLINE

The Saxony-wide online commercial real estate database currently contains more than 500 commercial lots and almost 220 commercial premises available in Saxony. The information is maintained decentrally by the responsible regional economic development agencies, district offices, the TLG Immobilien GmbH corporation, and the Public Enterprise Saxon Property and Construction Management (SIB). For each commercial lot or property, a specific profile is available which also contains the appropriate contact person.

Industrial real estates in Saxony - Search online
Chart: Rents for Apartments in Large German Cities 2015

Source: IVD‐Wohnpreisspiegel 2015/2016, IVD Real Estate Association

RENT FOR APARTMENTS IN LARGE GERMAN CITIES

On a nationwide average in Germany, the rental prices for private apartments in 2015 increased by slightly less than three percent when compared to the previous year. In large German cities, the average rent in the period under review amounted to a net base rent of 7.80 euros per square meter.

Rental prices in Saxony’s large cities of Dresden and Leipzig are below the German average. In Dresden, the net base rent per square meter is 6.50 euros; and in Leipzig, it is 5.55 euros. Rental prices in both cities are also increasing at a below average rate.

Your Contact Person


Dr. Peter Homilius
Strategy, Industry Sectors, Marketing
Phone: +49 (351) 2138-201 Fax: +49 (351) 2138-109

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