Research Office Market Frankfurt

Research Office Market Frankfurt

RESEARCH OFFICE MARKET FRANKFURT 860,000 sqm € 21.10/sqm Vacancy Average rent STATISTICS 275,000 sqm FACTS € 44.00/sqm Space take-up FIGURES Prime rent OFFICE SPACE TAKE-UP DEVELOPMENT OFFICE RENTS in 000 sqm / 10-year average in €/sqm Prime rent Average rent 44.00 800 741 636 41.50 600 515 403 491 39.50 400 38.25 38.50 275 248 254 218 183 21.10 200 20.50 20.00 19.00 19.00 0 2015 2016 2017 2018 1 HY 2019 KEY FACTS „DESPITE THE GOOD • Large-scale lettings have shaped the take-up result HALF-YEAR RESULT, • 8% increase in offi ce space take-up A CYCLICAL • Very little offi ce space still available in the Banking District SLOWDOWN • Financial sector and consultancy fi rms dominate CAN BE • Around 74% of the offi ce space to be constructed in EXPECTED IN high-rise buildings by 2020 has already been pre-let THE • Offi ce rents rise on average by over 2% FORTHCOMING • Offi ce space take-up of 590,000 sqm appears realistic SIX MONTHS.” Volkmar Begemann Board Member TAKE-UP BY SIZE CATEGORY OFFICE VACANCY 1st half year 2019 Development 2015-2019 in 000 sqm, vacancy rate in % 1,350 1,230 1,073 951 860 76% 2% 11% 1,400 1,200 11% 1,000 800 600 400 200 0 2015 2016 2017 2018 1 HY 2019 HIGHEST RENTS IN MOST SOUGHT-AFTER OFFICE LOCATIONS 1st half year 2019 – approx. €/sqm/month excluding service charges & VAT 40.00 38.50 23.00 18.00 16.50 INNENSTADT WESTEND FLUGHAFEN ESCHBORN NIEDERRAD DEALS BUSINESS SECTORS 1st half year 2019 1st half year 2019 Deka Immobilien GmbH Banks/Financial services 45,000 sqm, Lyoner Straße 13 77,400 sqm KPMG Consultancy 40,000 sqm, Am Flughafen 11-18 64,300 sqm Randstad Public utilities 14,800 sqm, Eschborn 34,700 sqm GIZ Real Estate 11,000 sqm, Eschborn 15,800 sqm Regus Traffi c/Transport/Logistics 10,000 sqm, Robert-Bosch-Straße 5 13,600 sqm TOP 5 OFFICE LOCATIONS 1st half year 2019 – office space take-up in 000 sqm FLUGHAFEN NIEDERRAD ESCHBORN INNENSTADT WESTEND RENTAL PRICE MAP 1st half year 2019 – approx. €/sqm excluding service charges & VAT Bankenviertel 32.00 / 44.00 Frankfurt Nord 11.50 / 16.75 Westend 23.50 / 38.50 Frankfurt Ost 8.25 / 15.75 Innenstadt 21.50 / 40.00 Frankfurt West 10.00 / 15.00 Bockenheim 16.75 / 20.50 Rödelheim/Hausen/Sossenheim 9.50 / 14.00 / 15.00 Hauptbahnhof 15.25 / 21.00 Heddernheim/Mertonviertel 10.00 / 15.00 Umland Nord 9.00 / 14.00 Westhafen 19.50 / 25.00 Kaiserlei 10.75 / 14.00 Umland Ost 8.00 / 14.00 An der Messe/Europaviertel 16.50 / 29.00 Niederrad 12.50 / 16.50 Umland West 8.00 / 12.50 Ostend 14.00 / 18.50 Eschborn 11.75 / 18.00 Umland Süd 9.00 Frankfurt Süd/Sachsenhausen 14.00 / 22.50 Flughafen 17.00 / 23.00 (Average and Prime Rent) City West 15.00 / 18.00 ANGERMANN Real Estate Advisory AG Guiollettstraße 48 60325 Frankfurt am Main Tel. +49 (0)69-5 05 02 91-0 ABC-Straße 35 20354 Hamburg Tel. +49 (0)40-34 34 36 Lennéstraße 1 10785 Berlin Tel. +49 (0)30-23 08 28-0 Windmühlenstraße 3 30159 Hannover www.angermann-realestate.de DOWNLOAD Tel. +49 (0)511-93 61 92-0 www.bürosuche.de market report! Bolzstraße 3 70173 Stuttgart Tel. +49 (0)711-22 45 15-50 REAL ESTATE | MERGERS & ACQUISITIONS | BUSINESS CONSULTANTS | AUCTIONING & FINANCE.

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