Consolidation and a clear focus on the city center

The Stuttgart office real estate market showed noticeable caution in 2025: Due to the automotive industry’s reduction of office space, take-up fell by a good 20 % to 156,000 m², while the vacancy rate—particularly in outlying areas such as Vaihingen and Möhringen—rose to around 7 %. Large-scale transactions by the public sector, as well as an influx of service providers such as law firms and tax consultants, helped stabilize the market. Despite the consolidation, the city center is proving to be extremely resilient. The trend toward prime central locations pushed the top rent to 42.00 EUR/m², while owners in outlying areas are having to make flexible concessions. Projects such as the Schlossgartenquartier on Königstraße are providing new momentum in the city center. For 2026, Engel & Völkers Commercial forecasts a stable result at the previous year’s level, with an expected take-up of 140,000 to 150,000 m².