The Berlin office market recorded a significant upswing in the first quarter of 2026 with take-up of around 140,000 m². Engel & Völkers Commercial achieved 23 leases and expects total annual take-up of 600,000 to 650,000 m².
The Berlin office market expects a revival in 2026, especially for high-quality and ESG-compliant office space. Engel & Völkers Commercial forecasts take-up of between 500,000 and 550,000 m².
Berlin's market for industrial and logistics space recovered significantly in 2025 and is expected to grow further in 2026. The drivers are new construction activities and the demand for modern, ESG-compliant space.
Engel & Völkers Commercial Berlin is expanding its Executive Board: Frederic Weber takes over the position of Executive Director Investment and receives joint power of attorney.
Berlin's residential investment market was buoyant in 2025, with a transaction volume of 4.18 billion euros and a 23% increase in the number of transactions. The demand for individual properties up to 20 million euros increased significantly.
Engel & Völkers Commercial Berlin has successfully brokered a 136,364 m² industrial site in Berlin-Hohenschönhausen. The site offers extensive office, production, warehouse and logistics space as well as development potential.
The Berlin market for residential and commercial buildings (WGH) continues to grow. According to the latest data from the Valuation Committee, the number of transactions in the first three quarters of 2025 rose by around 32 percent compared to the same period last year to 572 sales.
In the first half of 2025, the market for residential and commercial buildings in Berlin experienced a further revival in terms of numbers. According to the latest evaluation by the Berlin Valuation Committee, 318 properties were sold – this corresponds to an increase of 10% compared to the same period last year.
