Germany office and retail property price index, quarterly
Germany office and retail property price index, quarterly stood at 87.8 in Q2 2026, according to Deutsche Bundesbank. It is one of the indicators in the Property market (quarterly) table (Value · Quarterly), with a complete series running from Q1 2013 to Q2 2026. The complete series with an interactive chart, free to download.
This indicator in the Property market (quarterly) table
| Indicator | Q2-2026 | Q1-2026 | Q4-2025 | Q3-2025 | Q2-2025 | Q1-2025 | Q4-2024 | Q3-2024 | Q2-2024 | Q1-2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sub-aggregate office and retail2 | 87.8 | 88.9 | 89.3 | 89.1 | 88.7 | 88.5 | 87.7 | 87.2 | 87 | 87.3 | |
| Sub-aggregate office | 87.7 | 89 | 89.5 | 89.3 | 88.8 | 88.7 | 87.7 | 87.3 | 87.1 | 87.5 | |
| Sub-aggregate retail | 88.1 | 88.7 | 88.8 | 88.6 | 88.3 | 88 | 87.9 | 86.9 | 86.6 | 86.6 |
Understanding germany office and retail property price index, quarterly
Combining the two primary structural pillars of commercial business real estate, this composite indicator continuously tracks the national purchase valuations of both corporate workspaces and consumer shopping facilities together. It specifically strips multi-family residential buildings entirely out of the broader commercial property total, establishing a pure measurement of properties utilized exclusively for active business enterprise operations. The statistical scope spans all geographic designations, seamlessly merging wholesale transaction data from prime supra-regional metropolitan zones with regional commercial hubs and dispersed rural commercial sites.
Annual baseline comparisons yield the most accurate interpretation of underlying capital flows, deliberately bypassing the short-term seasonal fluctuations inherently baked into commercial leasing and investment cycles. Relying heavily on period-on-period comparisons can misrepresent true market health, given that the final sale of a few massive corporate towers or flagship metropolitan malls in a single quarter will disproportionately swing the composite index. The series is subjected to routine retrospective statistical adjustments as highly complex commercial deals undergo lengthy legal settlement processes prior to formal registration. Furthermore, the blended nature of this metric means distinct pricing shifts in administrative office values can completely obscure opposing adjustments in physical retail property values.
Frequently asked questions
- Does this metric separate the performance of the two underlying asset types?
- This specific series acts as a fully combined aggregate; the individual trajectories of workspaces and shopping facilities are isolated exclusively in their respective dedicated sub-indices.
- Are logistics and industrial spaces included in this business property composite?
- The sub-aggregate remains strictly confined to office buildings and retail premises, purposefully leaving out broader industrial or specialized logistics infrastructure.
- How do changes in commercial bank lending impact this specific index?
- Shifts in broad financing conditions and effective interest rates heavily influence the purchasing power of institutional investors, naturally rippling into the final transaction prices captured here.