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Vacancy rate for office real estate in Frankfurt, Germany, from 2013 to 2023

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Release date

January 2024

Region

Germany

Survey time period

2013 to 2023

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Vacancy rate of office real estate in Frankfurt, Germany 2013-2023

Published by ÌÇÐÄÆƽâ°æ Research Department, Feb 1, 2024

The vacancy rate for office real estate in Frankfurt, Germany, increased in 2023, after remaining unchanged in 2022. Between 2013 and 2019 the vacancy rate nearly halved, to a total of *** percent, but in 2023, it stood at *** 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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Topics

Office real estate market in EuropeGlobal commercial real estateCommercial real estate in EuropeCommercial real estate in the United KingdomCommercial real estate in France
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