Market Report Germany 2013 I IVG

The IVG Market Report Germany 2013 analyzes the country’s office sector by looking at the changes in the economy, rental activity as well as top markets and regional ones.


• Vacancy rate continued to decline in Germany’s top markets.

• Decreased demand and take-up affected almost exclusively the peripheral locations, while the reduction of vacancy rates took mainly place in the inner-city locations.

• In 2013, supply and demand on the rental markets will remain largely in balance.

• The transaction volume in the office segment grew by more than 50%.

• Initial yields for prime office properties dropped on an average from 4.99% to 4.84% last year.

• Munich rated best among 74 German office locations.Other five major markets: Frankfurt, Cologne, Berlin, Stuttgart, Dusseldorf.

• Regional centers at the top: Hanover, Nuremberg, Wiesbaden.

• Real estate financing could be a stumbling block to real estate investments in 2013 due to stricter banking regulations.