{
  "url": "https://classa.info/cities/munich",
  "title": "Munich Class A Office Market",
  "description": "Germany's most expensive office market with deep finance and engineering tenancy.",
  "oneSentenceAnswer": "Munich Class A office rents around €56/sqm/mo · ≈ $67.4 PSF/yr USD, with 6.1% vacancy and 3 months of typical rent-free on a 5-year term.",
  "tldr": [
    "Most expensive Class A market in Germany — €56+/sqm/month for trophy.",
    "Structurally tight vacancy under 7%.",
    "Insurance, banking, automotive, and engineering anchor demand.",
    "Werksviertel and the Munich High Light cluster are the principal trophy frontier."
  ],
  "keyFacts": {
    "city": "Munich",
    "country": "Germany",
    "region": "EMEA",
    "classARentLocal": "€56/sqm/mo · ≈ $67.4 PSF/yr USD",
    "classARentUsd": "$67.42537556090267/sqft/yr",
    "vacancyPct": "6.1%",
    "typicalLeaseYears": 5,
    "typicalRentFreeMonths": 3,
    "submarkets": 5,
    "corporateTaxPct": "33%",
    "talentIndex": 90
  },
  "faqs": [
    {
      "question": "Why is Munich so expensive?",
      "answer": "Structural supply constraints (height limits, heritage), deep insurance and corporate HQ tenancy, and a wealthy private tenant base."
    },
    {
      "question": "What is the height limit in Munich?",
      "answer": "A 1972 referendum capped buildings at the height of the Frauenkirche (~99m) within the inner city. Trophy stock above this limit is concentrated in outer districts."
    },
    {
      "question": "How significant is the trade tax?",
      "answer": "Material. Munich's trade tax multiplier (Gewerbesteuerhebesatz) is 490%, among the highest in Germany — model carefully into total tax burden."
    }
  ],
  "pageType": "city",
  "lastUpdated": "2026-04-15T00:00:00.000Z",
  "license": "CC BY 4.0 with attribution to Class A Atlas (https://classa.info).",
  "citation": "Source: Class A Atlas (https://classa.info/cities/munich), updated 2026-04-15T00:00:00.000Z."
}