- 3 min read
- 07.07.2026
Berlin's office market continues its recovery in the first half of the year
Engel & Völkers Commercial Berlin reports strong first-half results.
The Berlin office market recorded a total of approximately 340,000 m² of office space transactions in the first half of 2026. Of this total, Engel & Völkers Commercial Berlin brokered 21,278 m² of office space through 52 lease agreements by the end of Q2.
Noticeable Pickup in Demand
With a total leased area of approximately 340,000 m², the market grew significantly compared to the same period last year (244,000 m²). The increased willingness to close deals and the resurgence in space inquiries point to a noticeable pickup in demand, even though future developments are being assessed with due caution.
Engel & Völkers Commercial Berlin is also benefiting from this positive market trend. In the first half of 2026, the company brokered a total of 21,278 m² of office space across 52 lease agreements, thereby significantly increasing its leasing volume compared to the same period last year. While demand was already solid in the first quarter, the leasing momentum gained noticeable momentum again in the second quarter.
The first half of the year shows that the Berlin office market is regaining momentum. Companies are once again making location decisions more frequently, and we are seeing significantly more activity in the market than we did a year ago. At the same time, demand remains very quality-oriented. Modern office space in prime locations continues to be the clear focus.
Rental rates remained stable in the first half of the year
The average rent was 25.40 euros/m², while the prime rent was 46.00 euros/m². Modern and efficient spaces with high-quality finishes in prime locations were particularly in demand. Among the most active tenant groups were companies in the medical and healthcare sectors, as well as medical practices.
For the second half of the year, Engel & Völkers Commercial Berlin expects stable demand, with tenants continuing to prioritize quality. Whether the market recovery continues to gain momentum will depend largely on how many of the large-scale space inquiries—which are currently on the rise again—result in concrete lease agreements. The signs point to a recovery, but making reliable forecasts remains challenging given the current economic conditions.
