BERN OFFICE MARKET

DEVELOPMENT OF RENTS GREATER BERN

RENTS BY MARKET AREA

Rental price band
CHF/m² p.a.
Median
CHF/m² p.a.
Available space
Market changes
%
Inner City 220 - 375 275 5 165 -19 %
Breitenrain / Wankdorf 155 - 330 235 6 670 -4 %
Bümpliz 120 - 150 135 9 875 15 %
Kirchenfeld / Schosshalde 185 - 270 220 9 500 -29 %
Länggasse / Felsenau 185 - 285 240 890 16 %
Mattenhof / Weissenbühl 140 - 315 195 13 425 19 %
Muri / Gümligen 115 - 260 205 2 060 -32 %
Zollikofen / Ittigen / Ostermundigen 120 - 260 190 14 415 -5 %
City of Bern 135 - 325 230 45 525 -4 %
Greater Bern 125 - 320 220 62 000 -5 %
Supply on the Bern office market fell in 2020 compared with the previous year. This trend was stronger in the greater Bern region than in the city of Bern. The office market continued to stabilise in the city. There was good absorption of what was mostly smaller office space. Citywide, rents trended sideways, while demand in the city centre remained high. Despite coronavirus, demand is expected to remain stable in future in the federal capital due to public administration and governmental space requirements. Office space will expand around the Wankdorf and Europaplatz railway stations in the coming years. This should result in rents trending sideways or even falling in outer parts of the city and the wider metropolitan area.