Transformation, quality, and stability

Bremen’s office market is undergoing a transformation: Impressive large-scale projects such as the Balgequartier, Überseestadt, and the redesign of the Parkhaus Mitte, together with Business Improvement Districts, are providing important momentum for the future. Currently, market dynamics are driven primarily by demand for spaces up to 400 m² in prime locations such as the city center, the front section of Überseestadt, and the Technology Park. Companies are increasingly prioritizing modern, prestigious work environments, ESG compliance, and alternative usage concepts. Landlords are increasingly securing their leasing success through quick decisions and flexible incentives such as rent-free periods. Despite a slight rise in vacancy rates, rents remain stable or are rising: the prime rent rose to 17.50 EUR/m², while the average rent stands at 12.00 EUR/m². For 2026, Engel & Völkers Commercial expects a solid take-up of between 90,000 and 105,000 m².