# Munich Class A Office Market

> 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.

**Canonical URL:** https://classa.info/cities/munich
**Page type:** city
**Last updated:** 2026-04-15T00:00:00.000Z
**License:** CC BY 4.0 with attribution to Class A Atlas (https://classa.info).

## TL;DR
- 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.

## Key facts
- **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

## FAQ
### Why is Munich so expensive?
Structural supply constraints (height limits, heritage), deep insurance and corporate HQ tenancy, and a wealthy private tenant base.

### What is the height limit in Munich?
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.

### How significant is the trade tax?
Material. Munich's trade tax multiplier (Gewerbesteuerhebesatz) is 490%, among the highest in Germany — model carefully into total tax burden.

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Citation: Source: Class A Atlas (https://classa.info/cities/munich), updated 2026-04-15T00:00:00.000Z.