In the first quarter of 2020, Frankfurt was the city with the largest value of vacant office space among Germany's big 7 cities. Most of the cities saw a decrease in vacant space between the first quarter of 2019 and 2020, which indicates high demand on the market. In Hamburg, for instance, vacancy fell by almost 157 thousand square meters.
Area of vacant office real estate in German cities in the 1st quarter of 2019 and 2020
(in 1,000 square meters)
- Berlin city area.
- Düsseldorf city area, including Ratingen, Neuss, Erkrath and Hilden.
- Frankfurt city area, including Eschborn and Kaiserlei.
- Hamburg city area.
- Cologne city area.
- Munich city area, including surrounding areas.
- Stuttgart city area, including Leinfelden-Echterdingen.
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JLL. (April 23, 2020). Area of vacant office real estate in German cities in the 1st quarter of 2019 and 2020 (in 1,000 square meters) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1133640/area-of-vacant-office-real-estate-in-german-cities/
JLL. "Area of vacant office real estate in German cities in the 1st quarter of 2019 and 2020 (in 1,000 square meters)." Chart. April 23, 2020. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1133640/area-of-vacant-office-real-estate-in-german-cities/
JLL. (2020). Area of vacant office real estate in German cities in the 1st quarter of 2019 and 2020 (in 1,000 square meters). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1133640/area-of-vacant-office-real-estate-in-german-cities/
JLL. "Area of Vacant Office Real Estate in German Cities in The 1st Quarter of 2019 and 2020 (in 1,000 Square Meters)." Statista, Statista Inc., 23 Apr 2020, https://www.statista.com/statistics/1133640/area-of-vacant-office-real-estate-in-german-cities/
JLL, Area of vacant office real estate in German cities in the 1st quarter of 2019 and 2020 (in 1,000 square meters) Statista, https://www.statista.com/statistics/1133640/area-of-vacant-office-real-estate-in-german-cities/ (last visited November 21, 2024)
Area of vacant office real estate in German cities in the 1st quarter of 2019 and 2020 (in 1,000 square meters) [Graph], JLL, April 23, 2020. [Online]. Available: https://www.statista.com/statistics/1133640/area-of-vacant-office-real-estate-in-german-cities/
