Research
Stuttgart Office Market Dynamics, Q4 2024
Summary and analysis of Stuttgart's current office real estate market conditions.
January 17, 2025
Contributors:
- Stephan Hagenhoff
In 2024, 199,100 sq.m. of office space was leased in Stuttgart, which is 26% more than in 2023. The final quarter contributed 54,100 sq.m. to the annual result.
467,100 sq.m. of office space is available for short-term lease in Stuttgart, which is 28% more than a year ago. This corresponds to a current vacancy rate of 5.1%.
The prime rent in the Stuttgart office letting market at the end of 2024 is €37.00/sq.m./month. The average rent is €22.44/sq.m./month.
