E & G The 2017-2018 Office Market Report

An overview of the Stuttgart office market.
Year
Volume
in m 2
Representative
prime rents
per m 2
Average central
business
district rents
per m 2
Vacancies
in m 2
Vacancies
in %
Total space in
million m 2
Completion
volume in m 2
Pre-let volume
in m 2
2003 149,000 17.50 € 14.50 € 379,000 5.30 6.973 145,000 80,000
2004 152,000 17.00 € 14.50 € 415,000 5.70 7.102 129,000 93,500
2005 145,000 17.00 € 13.50 € 402,000 5.60 7.170 68,500 51,400
2006 140,000 17.50 € 13.60 € 467,400 6.50 7.222* 52,500 20,500
2007 169,000 17.50 € 14.50 € 466,000 6.40 7.253 32,600 23,400
2008 180,000 18.00 € 14.50 € 460,000 6.20 7.367 117,000 116,000
2009 171,000 18.00 € 13.60 € 453,000 6.12 7.401 40,000 22,000
2010 194,000 17.50 € 14.30 € 480,000 6.46 7.425 42,400 22,400
2011 285,000 18.80 € 14.30 € 424,000 5.70 7.449 45,900 41,200
2012 191,500 20.00 € 14.50 € 399,000 5.40 7.416 37,000 36,300
2013 258,000 20.00 € 14.40 € 365,000 4.87 7.496 81,200 62,00
2014 278,000 21.50 € 15.30 € 325,000 4.30 7.536 72,500 91,500
2015 290,000 22.80 € 15.90 € 270,000 3.54 7.632 74,900 62,100
2016 432,000 23.00 € 16.20 € 220,000 2.80 7.728 149,200 119,300
2017 270,000 24.30 € 18.50 € 167,000 2.10 7.853 128,600 110,500
* Data from a survey by BulwienGesa AG + Baasner, Möller & Langwald GmbH
Source: Research E & G Real Estate GmbH ©, current as of: 31.12.2017