The gross volume of office real estate leased or sold in Germany declined to a record low in 2023. The annual take-up amounted to 2.56 million square meters, which was lower than in 2020 when the coronavirus pandemic paralyzed the economy. Among the different markets in the country, Berlin, Munich, and Hamburg had the most active office markets in 2022.
Take-up of office real estate in Germany from 1st quarter 2014 to 4th quarter 2023
(in 1,000 square meters)
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BNP Paribas Real Estate. (March 1, 2024). Take-up of office real estate in Germany from 1st quarter 2014 to 4th quarter 2023 (in 1,000 square meters) [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/1454455/office-real-estate-take-up-germany/
BNP Paribas Real Estate. "Take-up of office real estate in Germany from 1st quarter 2014 to 4th quarter 2023 (in 1,000 square meters) ." Chart. March 1, 2024. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/1454455/office-real-estate-take-up-germany/
BNP Paribas Real Estate. (2024). Take-up of office real estate in Germany from 1st quarter 2014 to 4th quarter 2023 (in 1,000 square meters) . Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/1454455/office-real-estate-take-up-germany/
BNP Paribas Real Estate. "Take-up of Office Real Estate in Germany from 1st Quarter 2014 to 4th Quarter 2023 (in 1,000 Square Meters) ." Statista, Statista Inc., 1 Mar 2024, https://www.statista.com/statistics/1454455/office-real-estate-take-up-germany/
BNP Paribas Real Estate, Take-up of office real estate in Germany from 1st quarter 2014 to 4th quarter 2023 (in 1,000 square meters) Statista, https://www.statista.com/statistics/1454455/office-real-estate-take-up-germany/ (last visited August 24, 2024)
Take-up of office real estate in Germany from 1st quarter 2014 to 4th quarter 2023 (in 1,000 square meters) [Graph], BNP Paribas Real Estate, March 1, 2024. [Online]. Available: https://www.statista.com/statistics/1454455/office-real-estate-take-up-germany/