The Berlin office market continued its recovery in the first half of 2026. With take-up of around 340,000 m², the market increased significantly compared to the same period last year (244,000 m²). The increased willingness to conclude contracts and the renewed increase in applications for space indicate a noticeable revival in demand, even if further developments are assessed with due caution.
Engel & Völkers Commercial Berlin is also benefiting from the positive market development. In the first half of 2026, the company brokered a total of 21,278 m² of office space in 52 leases, significantly increasing its take-up compared to the same period last year. While the first quarter already showed solid demand, the leasing momentum gained noticeable momentum again in the second quarter.
“The first half of the year shows that the Berlin office market is gaining momentum again. Companies are making location decisions more often again and we are seeing significantly more movement in the market than a year ago. At the same time, demand remains very quality-oriented. Modern office space in good locations remains a clear focus,” says Aissatou Frisch Baldé, Head of Commercial Leasing at Engel & Völkers Commercial Berlin.
Rents remained stable in the first half of the year. The average rent was 25.40 euros/m², the prime rent was 46.00 euros/m². In particular, modern and efficient spaces with high-quality furnishings in good locations were in demand. Among the most active user groups were companies from the fields of medicine and health as well as medical practices.
For the second half of the year, Engel & Völkers Commercial Berlin expects stable demand with a continued high level of quality orientation among users. Whether the market recovery will continue to stabilise will depend to a large extent on how many of the large-volume land applications that are currently increasing again result in concrete contracts being concluded. The signs point to recovery, but reliable forecasts remain challenging in view of the economic conditions.
