Prime rent of office real estate in Berlin, Germany 2013-2023
The prime rent for office real estate in Berlin, Germany, doubled between 2013 and 2023. As of the final quarter of 2023, the square meter rent for office space in Germany's capital reached 540 euros per year, up from 528 euros in 2022. While not the most expensive European office market, Berlin was the city with one of the lowest office vacancy rates.