The gross volume of office real estate leased or sold in Munich, Germany, peaked at 995,000 square meters in 2018 but has since decreased. In 2023, the office real estate take-up amounted to 467,000 square meters, which was the lowest figure recorded since 2013. This trend of declining office demand was observed across most of the major European markets.
Take-up of office real estate in the office market in Munich, Germany, from 2013 to 2023 in 1,000 square meters)
Characteristic
Take-up in thousand square meters
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BNP Paribas Real Estate. (January 19, 2024). Take-up of office real estate in the office market in Munich, Germany, from 2013 to 2023 in 1,000 square meters) [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/528199/office-real-estate-take-up-munich-europe/
BNP Paribas Real Estate. "Take-up of office real estate in the office market in Munich, Germany, from 2013 to 2023 in 1,000 square meters)." Chart. January 19, 2024. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/528199/office-real-estate-take-up-munich-europe/
BNP Paribas Real Estate. (2024). Take-up of office real estate in the office market in Munich, Germany, from 2013 to 2023 in 1,000 square meters). Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/528199/office-real-estate-take-up-munich-europe/
BNP Paribas Real Estate. "Take-up of Office Real Estate in The Office Market in Munich, Germany, from 2013 to 2023 in 1,000 Square Meters)." Statista, Statista Inc., 19 Jan 2024, https://www.statista.com/statistics/528199/office-real-estate-take-up-munich-europe/
BNP Paribas Real Estate, Take-up of office real estate in the office market in Munich, Germany, from 2013 to 2023 in 1,000 square meters) Statista, https://www.statista.com/statistics/528199/office-real-estate-take-up-munich-europe/ (last visited August 24, 2024)
Take-up of office real estate in the office market in Munich, Germany, from 2013 to 2023 in 1,000 square meters) [Graph], BNP Paribas Real Estate, January 19, 2024. [Online]. Available: https://www.statista.com/statistics/528199/office-real-estate-take-up-munich-europe/