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Frankfurt Office Space Guide

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A guide to flexible serviced offices, fitted, furnished and managed offices and office space for rent in Frankfurt, as well as general information that may be useful if you are thinking of renting offices or workspace in the city.

History & Geography

Frankfurt, technically called Frankfurt am Main, is located on the River Main in southwest Germany, at an old ford. The city owes its founding and its name to the Franks, with Frankfurt literally translating to ‘ford of the Franks’. Indeed, the earliest historical mention of Frankfurt concerns the legendary Frankish emperor Charlemagne presiding over an imperial assembly in the city. Later, Frankfurt became one of the most important cities in the Holy Roman Empire and, from early on, was a centre of commerce, hosting trade fairs where all attendees were under the protection of the Emperor. The first of these was recorded in 1150, the beginning of a practice that continues to this day. In 1372, Frankfurt became an Imperial City, answerable only to the Emperor, rather than to local rulers.

During the Napoleonic Wars, Frankfurt was bombarded by the French but sustained little damage. The city continued to play an important role in events of the time and joined the German Federation in 1815. Eventually, Frankfurt lost its free status when it was incorporated into the province of Hesse-Nassau (later simply Hesse), of which it is the largest city. Frankfurt was occupied by French troops in WWI and, later in WWII, suffered extremely heavy bombing during which most of its remaining medieval buildings were destroyed. After the war, the West German government considered making Frankfurt the new capital, but instead elected Bonn. In the 1970s, the city was one of the first in Germany to build an efficient S-Bahn and U-Bahn system, and since the war, it has become Germany’s main financial and transportation hub and one of the most important cities in Europe.

Economy

Frankfurt is a city of significant economic importance in Germany and Europe. GDP data compiled by multiple authoritative sources, including Eurostat and national statistical offices, showed that Frankfurt was the richest city in Germany in 2025 and the fifth richest in Europe.

Banking and financial services are the lifeblood of the city, to the extent that Frankfurt is often referred to as ‘Bank-furt’ and ‘Main-hattan’. Six of the ten major German banks have their headquarters in the city, including the top three: Commerzbank, Deutsche Bank, and DZ Bank. In addition, more than 300 other national and international banks are represented in the city. The German Federal Bank and the European Central Bank have their headquarters in Frankfurt. Frankfurt also has the second-largest stock exchange in Europe after the London Stock Exchange. Due to the presence of these institutions, Frankfurt has a mature accounting, banking and financial services economy and infrastructure.

Besides banks, Frankfurt is well-known for its trade fairs. The city has a long tradition of hosting trade fairs, which have become an essential part of its identity. The Frankfurt Book Fair is the largest of its kind in the world. As well as banking and trade fairs, other large industries in Frankfurt include advertising, consulting, accounting, and the legal profession.

Quality of Life & Tourism

Quality of life is high in Frankfurt, and the Global Liveability Index published by the Economist Intelligence Unit (EIU) ranked it 7th in 2022.

The city has cool winters and fairly mild summers, with an overall average temperature of ten degrees Celsius. The southern part of the city includes the Frankfurt City Forest, the largest forest within a city in Germany, and the Main River runs through the centre of the city. The tourism industry is not hugely important to Frankfurt, though it does see thousands of visitors every year for trade fairs and business. However, there is a lot to see and do in the city, especially when it is holding one of its frequent festivals. The Museumsuferfest is one of the largest cultural festivals in Germany, with over three million visitors attending over three days to explore the twenty-plus museums that stay open late into the night. The city also boasts more than its fair share of ancient cathedrals and churches.

Transportation

Frankfurt is Germany’s most important transportation hub. Frankfurt Airport is one of the busiest in the world, carrying just over 63 million passengers in 2025, and serves approximately 300 non-stop destinations. The airport is so busy that it has two train stations: one for regional traffic and one for international traffic. It can be reached by car or bus and is only 15 minutes by train from Frankfurt Central Station (Frankfurt (Main) Hauptbahnhof). It is the second busiest train station in Germany, after Hamburg. The high-speed ICE trains run out of the station, as do the regional lines. Both the S-Bahn and U-Bahn connect the station to the rest of the city. The S-Bahn and U-Bahn are how most city residents get around and are extremely frequent and user-friendly. Frankfurt also has an above-ground tram system and multiple bus lines.

Office space in Frankfurt

Between 1996 and 2008, an average of 200,000 square metres of new office space was created every year. The take-up for 2009 was 350,000 square metres. 

In 2017, office space take-up exceeded the 700,000 square metre mark for the first time ever – the total volume of take-up was the best performance in the history of the Frankfurt office letting market, apart from 2000. The most active tenant was Deutsche Bahn AG, which leased a total of around 85,000 square metres, corresponding to over 10 per cent of the total take-up volume.

It was estimated that almost 30,000 square metres of lettings completed in 2017 were related to Brexit plans, i.e. the planned exit of the United Kingdom from the European Union on 31 January 2020, voted via a referendum on 23rd June 2016.

Frankfurt also benefited from the increased activity of the flexible workspace providers, whose takeup accounted for just short of 50,000 square metres in 2017.

In 2022, 430,800 square metres of office space was taken up in Frankfurt’s office rental market. The annual take-up was 8 per cent lower than in 2021 and 21 per cent below the 5-year average. 

The most popular submarket was the Banking District (Bankenviertel), which accounted for almost one in every five square metres rented.

Prime office rents rose by 4 per cent in 2022 – from €42.50 to €46.00 per square metre per month. 

BNP Paribas reported that the Frankfurt office market recorded a total take-up of 611,000 square metres in 2025.

This was the first time the annual total had exceeded 600,000 square metres since 2019, and marked a 54 per cent increase on 2024’s total.

Frankfurt was the strongest German office market in 2025, beating both Berlin and Munich.

Significant lettings included Commerzbank committing to a 15-year lease of 73,000 square metres at the under-construction Central Business Tower on Neue Mainzer Strasse that is due to complete in 2028, and ING-Diba renting 32,500 square metres in the Hafenpark Quartier (Frankfurt-Ostend), in the immediate vicinity of the European Central Bank and Ostbahnhof, their building will also complete in 2028.

KPMG also acquired 33,400 square metres of office space across two neighbouring buildings directly on Opernplatz – Park Tower (20,000 sqm) at Bockenheimer Anlage 44 and OpernTurm (13,400 sqm) at Bockenheimer Landstraße 2-4.

The overall vacancy rate rose by around 10 per cent to 12.1 per cent over the course of the year.

However, at the end of the year, there was a lack of large, available first-time-occupancy space, and there was also pronounced competition among prospective tenants for feasible new developments.

As a result, the prime office rent rose by 10 per cent to €54.00 per square metre per month in 2025, with individual smaller lettings achieving above that.

This was achieved in the Banking District. Prime rent in Frankfurt’s Westend was €50.00, and in the Inner City district, €50.00.

Although it was a quiet start to the year, numerous requirements remained active in the market at the end of the first quarter.

It was noted, however, that leasing decisions were taking longer, driven by a shortage of best-in-class office space and the uncertainties created by ongoing macroeconomic events.

It was also reported that by the end of 2028, around 534,400 square metres of office space was scheduled to be added to the Frankfurt office market.

However, 48 per cent of that had already been reserved.

There are 27 flex space providers in Frankfurt, including international operators such as Mindspace, Regus, and WeWork, as well as several European, German and Frankfurt-focused office providers, including Design Offices, Tribes, and Satellite. 

These offer a diverse range of flexible office and workspace solutions, including private serviced offices, managed office suites, corporate coworking memberships, and more.

They offer flexible, agile alternatives to traditionally rented office space, with short-term contracts, options to increase or decrease floorspace mid-term, and all-inclusive, fixed-cost rents that cover overheads such as cleaning, reception services, and utilities.

Profiles of all Frankfurt office providers can be seen in this directory.

 

We offer a free office search, and our advisory and acquisition services are always free. Our Frankfurt office space brokers and agents are globally regulated by the Royal Institution of Chartered Surveyors (RICS), ensuring the highest standards of commercial property advice and service at all times.

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