Net leases dominate.
Net leases dominate.
Net leases dominate. 5-10 year terms; tenants frequently negotiate break options at year 3 or 5. Free rent of 3-6 months on a 5-year deal; TI of €60-€100/sqm typical.
Free rent and TI remain the most negotiable line items; landlords prefer concessions to face-rent cuts because they preserve headline rent and implied valuation. Always model effective rent (face minus PV of concessions).
| city | Berlin |
|---|---|
| country | Germany |
| region | EMEA |
| classARentLocal | 44 EUR/sqft/yr |
| classARentUsd | $48/sqft/yr |
| vacancy | 7.4% |
| typicalLeaseYears | 5 |
| typicalRentFreeMonths | 4 |
| submarkets | 5 |
| primeYieldPct | 4.3% |
Reviewed by Samuel Okafor — EMEA contributing editor. Last updated 2026-04-15. See our methodology and editorial standards.