Prime rent constant at 46 euros, while vacancy rate rises
DÜSSELDORF, 10 April 2026 – Düsseldorf’s office letting market has started 2026 at a constant but low level. After the first quarter, 51,200 m² of newly let office space was booked. However, this marks the lowest start to the year in the past ten years, in which more than twice as much was achieved in many cases between 2016 and 2025. The current value is around 42 percent below the ten-year average. But at least in the Düsseldorf city area, an increase of six percent to 48,100 m² was achieved compared to the previous year. More than half of the leases were concluded in the size class between 250 m² and 1,000 m².
“In the first three months, no deal made it over the 5,000 m². Although the largest deal by RKW Architekten in the new KöTower is attracting a lot of attention nationwide, it remained just below this mark at 4,500 m². Behind them, with 3,000 m² for Aspen Separation, a spin-off of HSBC, in Heylo on Kennedydamm and with 2,000 m² by Action Deutschland in “la cour” on Toulouser Allee, it is quickly becoming more fragmented,” says Marcel Abel, Managing Director and Branch Manager JLL Düsseldorf. Overall, seven of the ten largest deals in Düsseldorf are between 1,200 m² and 1,500 m².
The City developed the greatest dynamism at the beginning of the year with 15 lettings, totalling 9,900 m². This is followed by Kennedydamm with 9,500 m² and eleven deals. Both sub-markets benefit from the fact that users continue to prefer well-connected and urban locations.
In view of the subdued market dynamics, the vacancy rate rose again – to 11.6 percent. The highest value among the seven German real estate metropolises. This makes it clear that landlords need to offer potential users better qualities and higher incentives in order to persuade them to sign a new lease.
“We assume that the current value will remain in place until the end of the year and that the price screw will not continue to turn for the time being,” explains Abel.
