The brokerage company JLL Germany reports a “buoyant” start to the year on the Frankfurt office market and a strong influx of high-quality space.

The company expects top rents to rise.

That is

accordingly, there were no major deals in the first three months.

However, JLL

a total of 111,400 square meters of real estate brokered, which is an increase of 35 percent compared to the first quarter of last year.

131 degrees are 25 more than a year ago.

The five largest stores of this type totaled 47,000 square meters.

28,000 of these were accounted for by a customer from public administration.

Disrupted supply chains as an obstacle to the office market

High-quality office space in particular is currently in high demand: "There is a real run on top products in very good locations," Stephan Leimbach, Head of Office Leasing JLL Germany, is quoted as saying.

JLL was formerly known as Jones Lang-LaSalle.

However, not enough such offices are available.

Disrupted supply chains made themselves felt.

Completion has been delayed by a year.

Many industries are complaining about delays due to the corona pandemic and the war in Ukraine.

For example, Russian construction steel was recently missing.

"The strong demand for high-quality office space in the best locations will probably lead to a further rise in prime rents this year," says JLL.

They should climb from EUR 42.50 per square meter to EUR 44.50.

The average rent is a good 22 euros.

The broker predicts the vacancy rate to be just under eight percent.

Swimming pool needed in the office building?

Shortly before the turn of the year, DIC Asset AG in Frankfurt, which specializes in offices and other commercial real estate, reported strong demand for high-quality offices.

Even a few years ago, customers were still having thoughts that were considered absurd: "Do I have to install a swimming pool?" According to CEO Sonja Wärntges, this is what someone looking for new offices wanted to know.

In the Marienturm on the Taunusanlage, for example, the workforce is offered an all-round service, including places for childcare, as she says.

Parking spaces for cars and bicycles, parking spaces for e-vehicles, a roof terrace and a cafeteria anyway: Such things are part of a contemporary office building.

Don't forget fast networks.