Figures
Munich Office Figures Q4 2024
Munich office letting and investment markets grew in 2024
16 January 2025 5 Minute Read
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- Take-up in 2024 up by 37% compared to the same period last year
- Prime rent increased by 21% year-on-year to €57.00/sq m/month
- Weighted average rent (rolling 12-month) up 6% to €25.75/sq m/month
- Increase in vacancy rate by 1.7%-points to 7.6% (excl. subletting space)
- Office investment volume in 2024 totalled some €1.1bn
- Prime office yield decreased by 0.20%-points year-on-year to 4.60%