Office leasing market in Frankfurt Q2-2025
In the first half of 2025, the office letting market in Frankfurt recorded take-up of 340,100 m². This was 93.9% higher than in the first half of 2024. Compared to the 10-year average of the 1st half of the year, sales increased by 73%.
The vacancy rate reached 14.0% in the 2nd quarter of 2025. Compared to the previous quarter, it rose by 170 basis points. Compared to Q2 2024, it increased by 400 basis points.
The prime rent in the 2nd quarter of 2025 amounted to EUR 51.00/m², an increase of 2.0% compared to the previous quarter. Compared with the same quarter of the previous year, the increase was 13.3%. The median rent remained at the level of the previous quarter at EUR 19.50/m², but was 2.5% below the value of the 2nd quarter of 2024.
Christian Krieg, Team Leader Office Agency at Savills in Frankfurt, reports: "The Frankfurt office leasing market picked up speed in the first half of 2025. Take-up has risen significantly, not least due to several major deals for more than 10,000 m². We also expect strong market momentum in the further course of the year. In view of the expected number of major deals of more than 5,000 m² each, take-up is likely to remain at a high level and thus return to the long-term average. At the same time, the vacancy rate continues to rise and, at 14%, has reached its highest level since 2012. Nevertheless, prime rents are rising – an expression of the continuing high demand for high-quality space."
Savills expects brisk market activity in the coming months, so that take-up could reach around 480,000 m² by the end of the year. The trend towards high-quality office space is expected to continue to ensure rising prime rents.
