Rents for office space in Leipzig are set to rise significantly in 2024, despite the current economic downturn. In the city center and for new lettings, cold rents of €20/sqm are being achieved for the first time – this corresponds to an increase of over 11% compared to the previous year. Median rents for modern city offices have also increased and now average €13.50/sqm.
As in previous crises, the Leipzig office market is once again demonstrating its resilience. Demand is concentrated primarily on smaller and medium-sized offices, making the market less cyclical than in other major German cities.
This development shows that Leipzig continues to be an attractive location for companies focusing on flexible office space. It therefore remains an interesting market for investors and tenants and we – FOCUS Immobilienmakler GmbH – will be happy to assist you in your decision.