Prime rent of office real estate in Munich, Germany 2013-2023
The prime rent for office real estate in Munich, Germany, significantly increased between 2013 and 2023. The prime rent increased by 186 euros, to a total of 588 euros per square meter per year at the end of 2023, the highest value recorded for this period. While not the most expensive European office market, Munich was the city with one of the lowest office vacancy rates.