Germany office property price index, supra-regional cities
Germany office property price index, supra-regional cities stood at 85 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total, RegioStaR Gem5: Cities of supra-regional importance | 91.3 | 89.1 | 89.8 | 100 | 103.3 | 98.4 | 91.3 | 81 | 74.9 | 67.3 | |
| Sub-aggregate office, RegioStaR Gem5: Cities of supra-regional importance | 85 | 84.1 | 87.4 | 100 | 106.2 | 107.3 | 99.2 | 88.2 | 82.6 | 71 | |
| Sub-aggregate retail, RegioStaR Gem5: Cities of supra-regional importance | 82.8 | 79.5 | 86.2 | 100 | 105.7 | 109.8 | 115.5 | 115.4 | 113.3 | 108.5 |
Understanding germany office property price index, supra-regional cities
Capital values for administrative and corporate workspaces situated within the Bundesbank’s highest-tier urban classification dictate the baseline of this specific sub-aggregate. It tracks the acquisition costs of office properties located strictly in cities of supra-regional importance, omitting any retail storefronts or residential blocks that fall under the broader commercial umbrella. By filtering the RegioStaR Gem5 dataset down to a single property class, this measure exposes the distinct pricing environment of corporate real estate in prime metropolitan markets. It differs from sibling metrics by entirely stripping out the influence of consumer-facing retail assets and large-scale residential portfolios, providing a targeted view of corporate space valuation in the most prominent economic hubs.
Assessment of this indicator is best conducted through a year-on-year framework, as the annual aggregation naturally smooths out the irregular timing of high-value corporate real estate transactions. Initial releases are frequently subject to adjustments when delayed corporate filings and complex multi-asset portfolio sales are eventually processed into the registry. A common analytical trap is comparing these specialized prime-market office valuations directly with generalized commercial property metrics without adjusting for the specific risk profiles inherent to corporate leasing. Furthermore, shifts in the baseline calculation period can create artificial gaps in long-term historical analysis, making it vital to align the reference years before running comparative models against other capital valuation metrics.
Frequently asked questions
- Are business parks on the outskirts of these cities included?
- Inclusion depends strictly on the municipal boundaries defining the supra-regional city under the RegioStaR framework, rather than the specific zoning of the district.
- Does this measure track office rental yields alongside capital values?
- This series exclusively monitors capital acquisition costs and price indices, not the income generated through tenant leases.
- Why might the latest annual figure face subsequent adjustments?
- Complex corporate real estate deals often take months to finalize in official registries, prompting updates to the index once the paperwork clears.