Hamburg's office letting market recorded more deals in H1 2026, but 18% less space (189,300 m²). Big deals are missing; the Ø deal size decreases to 709 m². Prime rent remains at €41, vacancy rises to 7.2%; Largest deals include: MSC 13,000 m², InnoGames 8,600 m².
The main reason is better refinancing conditions. New business is increasing, but less strongly than in Q2. Banks are financing on a larger scale again. Falling margins as a sign of increasing competition.
SORAVIA has sold a fully refurbished serviced apartment building in Munich. The building was leased to NUMA, a fast-growing hospitality operator, on a long-term basis.
The premium real estate agent DAHLER reports that the number of condominiums sold in Frankfurt fell in 2025 compared to 2024. At the same time, the number of houses sold increased. These developments are based on data from the Frankfurt Committee of Experts.