Market data office spaces Hanover
office space hannover
Quality trumps quantity
The office market in Hanover is entirely characterized by a “flight to quality”: Companies are increasingly turning to modern, high-quality spaces in central locations such as the City and City-Nord to make workplaces more attractive. Following a year of small-scale transactions in 2025, with a total take-up of approximately 101,000 m², the prime rent reached a new high of 24.50 EUR/m² due to the shortage of ESG-compliant space. The average rent in the City rose to 16.30 EUR/m² (citywide: 12.70 EUR/m²), driven in part by increased fit-out costs. The vacancy rate rose only moderately to 5.8 %, with vacancies primarily affecting older, non-energy-efficient existing properties. As a resilient market, Hanover benefits from a broad mix of industries and the public sector. For 2026, Engel & Völkers Commercial forecasts further stabilization with an expected take-up of between 130,000 and 135,000 m².
101,000 m²
Take-up (2025)
5.8 %
Vacancy rate (2025)
24.50 EUR/sqm
Prime rent (2025)
16.30 EUR/sqm
Average rent city (2025)
Take-up office spaces Hanover*
Rent office spaces Hanover*
*current year: Forecast
New Listings
Offered properties
Here you’ll find an exclusive selection of first-class office spaces for rent at prestigious business addresses. For additional attractive commercial properties and discreet off-market listings, please feel free to contact our local advisors directly on-site. We’ll help you find the ideal location for your business.
