The vacancy rate for office real estate in Munich, Germany, increased for the fifth year in a row in 2023. Between 2013 and 2018, the vacancy rate decreased by *** percent, dipping to *** percent, but in 2023, it reached *** percent. The increase was largely due to the effects of the coronavirus (COVID-19) pandemic on the office sector. Across the major European markets, Berlin, Luxembourg, and Hamburg had some of the lowest office vacancy rates.
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BNP Paribas Real Estate. (January 19, 2024). Vacancy rate for office real estate on the commercial property market in Munich, Germany, from 2013 to 2023 [Graph]. In Statista. Retrieved May 08, 2026, from https://www.statista.com/statistics/529677/office-real-estate-vacany-rate-munich-germany-europe/
BNP Paribas Real Estate. "Vacancy rate for office real estate on the commercial property market in Munich, Germany, from 2013 to 2023." Chart. January 19, 2024. Statista. Accessed May 08, 2026. https://www.statista.com/statistics/529677/office-real-estate-vacany-rate-munich-germany-europe/
BNP Paribas Real Estate. (2024). Vacancy rate for office real estate on the commercial property market in Munich, Germany, from 2013 to 2023. Statista. Statista Inc.. Accessed: May 08, 2026. https://www.statista.com/statistics/529677/office-real-estate-vacany-rate-munich-germany-europe/
BNP Paribas Real Estate. "Vacancy Rate for Office Real Estate on The Commercial Property Market in Munich, Germany, from 2013 to 2023." Statista, Statista Inc., 19 Jan 2024, https://www.statista.com/statistics/529677/office-real-estate-vacany-rate-munich-germany-europe/
BNP Paribas Real Estate, Vacancy rate for office real estate on the commercial property market in Munich, Germany, from 2013 to 2023 Statista, https://www.statista.com/statistics/529677/office-real-estate-vacany-rate-munich-germany-europe/ (last visited May 08, 2026)
Vacancy rate for office real estate on the commercial property market in Munich, Germany, from 2013 to 2023 [Graph], BNP Paribas Real Estate, January 19, 2024. [Online]. Available: https://www.statista.com/statistics/529677/office-real-estate-vacany-rate-munich-germany-europe/