Cushman & Wakefield flags flight-to-quality trend in Frankfurt high-rise office market
CWK•Leasing in Frankfurt’s high-rise office market is concentrated in newer, ESG-aligned towers, while older buildings face rising move-outs. Vacancy stands at 214,770 square meters, or 11.8%, and is projected to reach 15.4% in 2027 before easing to 11.4% in 2028.
1. Leasing favors newer towers
Cushman & Wakefield flagged a sustained flight to quality in Frankfurt’s high-rise office market, with leasing concentrated in newer, ESG-aligned towers. Nearly two-thirds of lease transactions tracked through 2030 involve towers completed since 2021 or due by 2030; towers built from 1991 to 2010 account for 61% of documented move-outs through 2030.
2. Vacancy outlook
Vacancy totals 214,770 square meters, or 11.8%. The rate is projected to rise to 14.8% in 2026 and 15.4% in 2027, then ease to 11.4% in 2028 as new supply is absorbed. Potential additions reach 143,800 square meters by 2030.
