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SCANDAL: Office vacancies in major cities at a HISTORIC high!
In Waiblingen, office space vacancies are rising to record levels. Analyzes show trends and challenges in the real estate market, influenced by home offices and economic uncertainties.
SCANDAL: Office vacancies in major cities at a HISTORIC high!
The situation on the real estate market in Germany's major cities is DRAMATIC! Office space vacancies have reached a SHOCKING high at a time when returning to the office should be a ray of hope! But contrary to expectations, the numbers are increasing. As the ZVW reports, the proportion of vacant office space is rising to its highest level in over a decade - the spiral of uncertainty and change is turning inexorably!
In the second quarter, over 7.6 million square meters of office space became vacant in METROPOLES such as Berlin, Hamburg, Munich and Stuttgart - that is simply UNIQUE! Although take-up increased by 9% to almost 1.4 million square meters in the first half of 2025, enthusiasm is falling by the wayside. Companies are postponing deals or extending existing contracts while the pressure from rising interest rates and the uncertainty caused by US tariffs is growing enormously!
Vacancy with an increasing trend
The vacancy rate of 7.7 percent far exceeds the five percent that is considered “healthy”! This is an ALARMING development and clearly shows that a return to the old normal is OUT OF QUESTION. Before the pandemic, this rate was a magical 3 percent. What does this all mean? The PROPHECY is clear: Office space demand could fall by up to 12% by 2030 - that's an epic 11.5 million square meters that could then become redundant, like that n-tv documented!
Thanks to the home office trend, which continues to cover a stable share of 25% of employees in Germany, many companies are pulling the emergency brake. Despite a slight recovery, take-up of space could remain far behind the figures of recent years - the days of glorious office space contracts are long gone. Not only will this change the architecture of our cities, but it also holds the potential for a BRUTAL market shift!
The TOP 3 MOST SHOCKING facts
- Fakt 1: Leerstandsquote in Metropolen liegt bei 7,7% – erschreckend über dem gesunden Niveau!
- Fakt 2: Flächenumsatz 2024 liegt 30% unter dem Durchschnitt der letzten zehn Jahre! Ein WUNDER!
- Fakt 3: Über 69% der Unternehmen setzen auf regelmäßiges Homeoffice – was für eine ZUKUNFTSAUSSICHT!
And while residential real estate prices are going through the roof, office real estate remains in a disastrous state and is slow to recover. The analysis of the ifo shows: More and more old office buildings in peripheral locations are becoming a BURDEN - and converting them into living space is an unfulfilled dream! Companies want modern, sustainable office space; the trend towards vacant, unrenovated spaces is unstoppable.
The future of the office is uncertain, and Germany is on the VERGE of massive change. The office real estate market is in crisis, and it remains to be seen whether things will calm down or whether we will witness a revolutionary transformation that could change our professional lives forever!