The vacancy rate for office real estate in Munich, Germany, increased for the fifth year in a row in 2023. Between 2013 and 2018, the vacancy rate decreased by *** percent, dipping to *** percent, but in 2023, it reached *** percent. The increase was largely due to the effects of the coronavirus (COVID-19) pandemic on the office sector. Across the major European markets, Berlin, Luxembourg, and Hamburg had some of the lowest office vacancy rates.
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BNP Paribas Real Estate. (January 19, 2024). Vacancy rate for office real estate on the commercial property market in Munich, Germany, from 2013 to 2023 [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved July 31, 2026, from /statistics/529677/office-real-estate-vacany-rate-munich-germany-europe/
BNP Paribas Real Estate. "Vacancy rate for office real estate on the commercial property market in Munich, Germany, from 2013 to 2023." Chart. January 19, 2024. ÌÇÐÄÆÆ½â°æ. Accessed July 31, 2026. /statistics/529677/office-real-estate-vacany-rate-munich-germany-europe/
BNP Paribas Real Estate. (2024). Vacancy rate for office real estate on the commercial property market in Munich, Germany, from 2013 to 2023. ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: July 31, 2026. /statistics/529677/office-real-estate-vacany-rate-munich-germany-europe/
BNP Paribas Real Estate. "Vacancy Rate for Office Real Estate on The Commercial Property Market in Munich, Germany, from 2013 to 2023." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 19 Jan 2024, /statistics/529677/office-real-estate-vacany-rate-munich-germany-europe/
BNP Paribas Real Estate, Vacancy rate for office real estate on the commercial property market in Munich, Germany, from 2013 to 2023 ÌÇÐÄÆÆ½â°æ, /statistics/529677/office-real-estate-vacany-rate-munich-germany-europe/ (last visited July 31, 2026)
Vacancy rate for office real estate on the commercial property market in Munich, Germany, from 2013 to 2023 [Graph], BNP Paribas Real Estate, January 19, 2024. [Online]. Available: /statistics/529677/office-real-estate-vacany-rate-munich-germany-europe/