Germany office property price index, 2013=100, annual
Germany office property price index, 2013=100, annual stood at 169.1 in 2025, according to Deutsche Bundesbank. It is one of the indicators in the Property market (annual) table (Value · Annual), with a complete series running from 2013 to 2025. The complete series with an interactive chart, free to download.
This indicator in the Property market (annual) table
| Indicator | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Commercial property price index, total | 168.3 | 164.5 | 166.7 | 181.2 | 181.9 | 172.8 | 158 | 141.1 | 131.9 | 119 | |
| Commercial property price index, office | 169.1 | 165.8 | 171.7 | 189.8 | 192.4 | 192.6 | 173.2 | 151.4 | 141.9 | 120.3 | |
| Commercial property price index, retail | 97 | 95.5 | 98.7 | 109.8 | 115.6 | 118.2 | 119.4 | 117.6 | 115.3 | 111.9 |
Understanding germany office property price index, 2013=100, annual
Corporate workspaces and administrative facilities are the exclusive focus of this dedicated Bundesbank property price index. Operating on a 2013=100 base, the series isolates the capital valuation trajectory of office environments from the broader commercial property landscape. By stripping out retail spaces, logistics hubs, and industrial warehouses, the indicator provides a pure assessment of the infrastructure that houses the clerical and professional workforce. It acts as a highly specialized subordinate to the total commercial property index, filtering out consumer-facing real estate entirely.
The annual reporting structure of this dataset mandates that users evaluate structural, year-on-year pricing dynamics rather than hunting for short-term cyclical variations. Period-on-period analysis is structurally impossible due to the yearly calculation cadence. Analysts must avoid conflating this pure valuation index with total return metrics, as the underlying methodology ignores any yields generated by corporate leasing contracts. Initial releases are routinely subject to revision as late-filed commercial transaction deeds are progressively integrated into the finalised national registry.
Frequently asked questions
- Are high-street retail shops included in this specific cut?
- Consumer-facing storefronts are rigorously excluded to maintain a pure focus on corporate and administrative office spaces.
- Does the index account for the rental income generated by the offices?
- The metric measures pure capital appreciation of the physical assets, purposely ignoring the yields from commercial leases.
- Why anchor the measurement to a 2013 base year?
- Establishing a fixed baseline allows analysts to track the proportional shift in asset values over an extended historical timeline.