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In 2011, thanks to the economic recovery, the rental turnover in Baden-Württemberg’s capital rose to a record level. The total came to 285,000 square metres, a remarkable 47 percent increase over the already gratifying results of 2010. Premises smaller than 500 square metres continued to be a mainstay of business, but those exceeding 2,000 square meters showed a strong increase as well. Moreover, this growth was accompanied by a rise in rent levels; rents increased by 0.60 euros per square metre over the previous year.
Are these figures just a blip, or can we see a steady trend that will continue in the years ahead? This is one of the pressing questions that property owners, investors and tenants alike are asking. One promising sign of continued growth on the Stuttgart market is the decline in vacant office space. In addition, construction is moving rapidly ahead in areas like Section A1 of Stuttgart 21, to give just one example.
It’s best to make your own judgement. This report, which you find attachet below, will give you the information you need. It provides you with all the latest facts and figures on the Stuttgart office market.
If you need additional information or have specific inquiries, we will be glad to talk with you, in private and in person. Call us at any time to arrange an appointment.