Offices in Germany's Capital
approx. 22.5 Mio. m²
Office space
approx. 760000 m²
Office rental revenue 2022
approx. 805000 m²
Office space completion 2023
(Source: Colliers International Deutschland GmbH, Berlin Bürovermietung Investment Infographics 2022)
As a polycentric city, Berlin offers the advantage that in addition to the three central locations of Mitte, City-West and Potsdamer Platz, other office locations exist or are being created.
Office rents in national comparison
€/m² per month, net | Berlin | Frankfurt | Munich |
Prime rent | 43.30 | 46.00 | 43.50 |
Average rent | 29.70 | 23.50 | 24.20 |
(Source: Colliers International Deutschland GmbH, Bürovermietung TOP 7 Deutschland 2022)
(Quelle: Berlin: office space is growing rapidly, statista.com; Savills; PWC; 2022)
In the PricewaterhouseCoopers (PwC) ranking of the most attractive locations for real estate investors in Europe Berlin is ranked second. The ranking is part of the study “Emerging Trends in Real Estate: Europe 2022 – Road to Recovery", for which 844 decision-makers from real estate companies, investment managers and other industry experts in Europe were surveyed. Among other things, the future prospects of the cities compared in terms of investment and development are taken into account. According to PwC, Berlin is particularly attractive for foreign investors, not least because of the robust German economy. Compared to London and Paris, Berlin benefited from the short commute times to the city center – an aspect that became particularly important during the pandemic.