柏林Q-Trend写字楼市场2026年第二季度

The Q-Trend examines the latest quarterly data on the Berlin office mar-ket, categorises it in the context of current market trends and provides anoutlook on future market developments. Q2 2026 Berlin office leasing market re-cords highest quarterly take-up inthree and a half years Key figures Driven by a high volume of mid-market transactions and thecommencement of two new construction projects, quarterlytake-up reached its highest level in more than three and ahalf years. Rental growth continued, with prime rents nea-ring the€50 per sq m per month threshold, while the rise invacancy rate continues to slow. (Change against previous year) m to 10,000 sq m segment, where acti-vity was significantly higher than in theprevious two years. As a result, this mid-sized segment made a substantial con-tribution to the overall increase in lea-sing volume. Second, owner-occupiertransactions and the start of newconstruction projects provided an addi-tional boost to take-up figures. In thesecond quarter alone, the commence-ment of the BMZ Campus in Kreuzberg Following a strong start to the year,momentum in the Berlin office leasingmarket not only continued through thesecond quarter but gained further trac-tion. Quarterly take-up reached 221,500sq m, marking the strongest result in 14quarters and the first time in severalyears that quarterly take-up surpassedthe 200,000 sq m threshold. As a re-sult, total take-up in the first half of2026 amounted to 367,200 sq m, re- and the BSR headquarters at Südkreuzadded almost 50,000 sq m of take-up.Consequently, owner-occupiers ac-counted for just over 15% of total take-up in the first half of the year, comparedwith less than 10% in each of the previ- presenting a significant year-on-yearincrease of 50.5%. ous two years. In addition to the two constructionstarts, two further transactions excee-ding 10,000 sq m were completedduring the first half of the year, re-presenting a significantly stronger per- The high take-up has been supportedby two key drivers. First, the marketsaw a notable increase in larger transac-tions, particularly within the 3,000 sq sq m per month at the end of the se-cond quarter, marking a 6.5% increasecompared with a year earlier. Averagerent also rose by 2.5% to€28.50 per sqm per month. formance than in recent years. Activi-ty was particularly robust in the 3,000-5,000 sq m and 5,000-10,000 sq msegments, which recorded 20 dealscombined, already surpassing thetotal number of transactions in thesecategories for the whole of 2025. Based on the current pipeline for theremainder of the year, rents are expec-ted to continue rising in the secondhalf, with the prime rent likely to sur-pass the€50.00 per sq m per monththreshold. While several large-scaleleasing transactions are anticipated tocomplete in the coming months, take-up in the second half is unlikely tomatch the exceptionally strong perfor-mance recorded during the first sixmonths of the year. Nevertheless, totaltake-up in 2026 is expected to exceed600,000 sq m, making it the strongestyear since 2022, when 758,300 sq mwas transacted. This growth reflects evolving occupierrequirements. While hybrid workinghas led many companies to reducetheir office footprints, demand hasincreasingly focused on high-qualityspace in attractive locations. At thesame time, occupiers are seeking tooptimise space utilisation, with effi-ciency considerations extending wellbeyond simple measures such asspace per employee (see box). Owing to a relatively high number oflarger-scale and higher-priced leasingtransactions, rents continued to in-crease. Prime rent reached€49.00 per............................................................................................................................................................................................................................................................................................................................................................ Contacts ................................................................................................................................................................................................................................................ The new office work: The office remains as important as ever Fabian Sperber+4930232574-385 work patterns, and the changing needsof the workforce. Achieving this requi-res closer collaboration across busi-ness functions, more sophisticated useof data, and a shift in mindset thatviews space as a strategic, adaptableasset rather than a static cost. The office has not diminished in im-portance, but the expectations placedupon it have fundamentally changed.Providing space based solely on pro-jected headcount is no longer suffi-cient. Today, workplaces must be in-tentionally designed around how pe-ople actually work. As hybrid workingpatterns become more established,misalignment between employee be-haviour and workplace configurationhas become increasingly v