5 offices: Regensburg

During many decades, Regensburg has been enriching its economic potential. The regional authorities did everything possible to attract businesses to the area and provide them with a sound basis for growth and stability. The location for running businesses is one of the critical points in the process of their formation. Regensburg has gained a reputation of an area with a favourable business climate; thus, boasts a broad office space offering. The tenants have the possibility to choose the type of a venue that suits their business best of all from the list of suites ready for immediate occupation. The other variant is to customize and design the office in Regensburg according to the specific requirements. Another essential benefit of office space rental in Regensburg concerns the costs. The average fees for the sq.m. range from EUR12 to EUR13,5. If the suites are not self-contained, the prices include charges for maintenance of the working space and are shared among all the tenants of the entire business centre.

The office market in Regensburg is relatively stable for several years already. The average annual take-up stays around 20 thousand sq.m. Though, there is a tendency to face a slight decrease in the supply of the new workspace and growth in the demand among small and medium businesses. Stability in leasing activities results in lowering of the vacancy rates. Nowadays it is around 4,3%. Approximately 45 thousand sq.m. of office space is available for lease on the market. It is the lowest number for the last 25 years. It means that investments in the development of the commercial real estate stock of the city are welcome. The increasing space shortage, coupled with the constant high demand, leads to a significant increase in office rents in Regensburg. The prime rent rose by more than 15%. Nowadays, Grade A venues rental costs around EUR15 per sq.m. such prices are more common in the most sought-after location - the City. Outside of this neighbourhoods, spaces are leased for EUR6-12 accordingly.

Regensburg is impressive on many sides. It has things that attract not only business owners but also tourists, history and art freaks, families with kids, young job seekers, etc. Part of the city that dates back to the medieval era is nowadays proclaimed a UNESCO World Heritage Site. The well-developed infrastructure with extended transportation links to the major German cities and abroad, make Regensburg easily accessible and popular.