Modern industries and services rule the business scene in Essen nowadays. The office stock is diverse and comprises 3,1 sq.m. of commercial spaces. The vacancy rates are around 7%. Not only the construction of the new venues but the refurbishment of the already existing sites is popular in Essen. This tendency predicts the lowering of the vacant spaces in offices down to 6% in the nearest time. The prices for prime rents have risen in Essen to EUR14,5 per sq.m. Offices in secondary locations in Essen rent is much cheaper - EUR6,1 per sq.m. The number of office workers grows year by year and was 102 thousand employees in 2018.
