2026-07-08-莱坊-Q-Trend_Office_Market_Berlin_Q2_2026_2页_1mb

Berlin Office Market Summary

Core Content

The Berlin office market experienced a significant surge in leasing activity during the first half of 2026, with quarterly take-up reaching 221,500 sq m in the second quarter—its highest level in over three and a half years. This led to a total take-up of 367,200 sq m for H1 2026, surpassing the 200,000 sq m threshold for the first time in several years.

Key Trends and Drivers

1. Leasing Activity

• Quarterly take-up: 221,500 sq m (highest in 14 quarters)
• Total take-up in H1 2026: 367,200 sq m
• Segment performance: The 3,000 - 10,000 sq m segment saw a notable increase in activity, contributing significantly to the overall growth.

2. Rental Growth

• Prime rent: €49.00 per sq m per month, up by 6.5% year-on-year
• Average rent: €28.90 per sq m per month, up by 2.5% year-on-year
• Expected trend: Prime rents are projected to surpass the €50.00 per sq m per month threshold in the second half of 2026.

3. New Construction Projects

• The commencement of the BMZ Campus in Kreuzberg and the BSR headquarters at Südkreuz added nearly 50,000 sq m of take-up in the second quarter.
• These projects, along with others, are expected to continue driving market activity in the coming months.

4. Occupier Strategy

• Companies are increasingly focusing on high-quality, well-located spaces to support hybrid working models.
• Space optimisation has become a priority, with occupiers looking to align office configurations with actual work patterns and employee needs.

Outlook

• Second half of 2026: While take-up is expected to remain strong, it may not match the performance of the first half. However, total take-up for the year is anticipated to exceed 600,000 sq m, making it the strongest year since 2022.
• Market shift: The office is no longer just a space for presence but a strategic asset designed to enhance collaboration, productivity, and business outcomes.

Rental Range by Submarket (€/sq m/month)

Contacts

• Research: Fabian Sperber
  Email: fabian.sperber@knightfrank.com
  Phone: +49 30 23 25 74-385

• Office Leasing: Verena Diekmann
  Email: verena.diekmann@knightfrank.com
  Phone: +49 30 23 25 74-375

• Occupier Strategy & Solutions: Alessia Sinkowska
  Email: alessia.sinkowska@knightfrank.com
  Phone: +49 30 23 25 74-378

• Ben Read (for > 3,000 sq m segment)
  Email: ben.read@knightfrank.com
  Phone: +49 30 23 25 74-370

Additional Information

• The office market is evolving with a focus on workplace performance rather than mere occupancy.
• The value of office space is increasingly tied to collaboration, productivity, and strategic alignment with business goals.
• For more information, refer to the (Y)our Space publication by Knight Frank.