Office Market
Per square real estate market 2011 market research – research market report rent prices Stuttgart – Germany market report Stuttgart, the Baden-Wurttemberg state capital considered to be information – market research market observation structure numbers nationally and also internationally an important business centre and is known for its high quality of life and one of the most important cultural centres of Germany. Today the economy of the region, which is characterized by a broad mix of industry influence not only large companies, but also medium-sized family-owned company. Its economic importance is primarily the Swabian inventor’s ingenuity, the best example is the invention of the automobile. Stuttgart has about 590,000 inhabitants and great potential, because within a radius of only 50 km, reaching almost 4 million people. Despite a land inventory of approximately 7.4 million m square is one of Stuttgart, measured the sales momentum to the smaller Office centres in Germany. The city project Stuttgart 21 will influence the real estate market sustainable, because the vacant inner city tracks open through its tunnel under development potential of approximately 100 hectares of inner-city track surfaces with corresponding positive impulses for the real estate industry. Heart of Stuttgart 21 is the reconstruction of the head station into an underground through station.
The Stuttgart office real estate market is in good shape. In addition to the city and the city centre in particular, the South and North showed a dynamic development, above all Zuffenhausen and Vaihingen/Mohringen. With a total of about 195,000 m m of land sales in the year of 2010 surpassed the previous year’s level m approx. 170,000 m. A rental volume of 230,000 meters is expected m for the year 2011. Spatial focus of sales events in 2011 is the city of Stuttgart and the inner city areas. In 2010 and 2011 sank which stood empty on 6% as a result of the moderate rate of completion and is due to the strong demand, the low new construction sites as well as remain stable and the lowest sustainable land sales compared to other German cities.