Investment banking occupiers in Munich typically cluster in Altstadt-Lehel, plan ~215 sqft per seat at trophy fit-out ($215–320/sqft), and pay around 56 EUR/sqft ($67 USD) on Class A.
Investment banking occupiers in Munich typically cluster in Altstadt-Lehel, plan ~215 sqft per seat at trophy fit-out">fit-out ($215–320/sqft), and pay around 56 EUR/sqft ($67 USD) on Class A.
Investment banking occupiers in Munich typically anchor in Altstadt-Lehel. Banking, law, insurance, family offices, government.
Class A rent in Munich runs 56 EUR/sqft ($67 USD) on a 5-year lease with 3 months free. Trophy submarkets command a 20–40% premium above the city index.
Typical investment banking fit-out targets trophy specification at $215–320/sqft. Bespoke design, signature feature, top-tier MEP and acoustic packages are standard.
Plan around 215 sqft per seat blended (workstation + circulation + amenity). A 100-headcount banking office in Munich typically targets 21,500 sqft of leasable area.
Bulge-bracket teams favor signature trophy assets with full client-facing programming and large floor plates. Deepest engineering and finance talent pool in Germany. Strong feed from TU München, LMU, and a deep network of Fraunhofer and Max Planck institutes. Cost of living premium versus Berlin and Hamburg is structural.
Headline corporate tax: 33%. Net leases. 5-10 year terms with break options. Free rent of 3-6 months and TI of €70-€110/sqm typical on a 5-year Class A deal.
| city | Munich |
|---|---|
| industry | Investment banking |
| naics | 523150, 522110 |
| preferredSubmarket | Altstadt-Lehel |
| preferredFitoutSpec | Trophy |
| fitoutBand | $215–320/sqft |
| sqftPerSeat | 215 |
| classARentLocal | 56 EUR/sqft/yr |
| classARentUsd | $67/sqft/yr |
| vacancyPct | 6.1% |
| typicalLeaseYears | 5 |
| typicalRentFreeMonths | 3 |
| talentIndex | 90 |
| corporateTaxPct | 33% |
Reviewed by Samuel Okafor — EMEA contributing editor. Last updated 2026-04-15. See our methodology and editorial standards.