Gunnar Gombert STRATEGY CONSULTING

The year 2025 continued to be marked by uncertainty for the real estate industry.

Spending a full day in Berlin offered two complementary lenses on the current state of the real estate industry. In the afternoon, the gif Research Day 2025 at HTW Berlin analysed political frameworks, regulatory dynamics and economic feasibility. Later that evening, the Institute for Corporate Governance in the German Real Estate Industry (ICG) convened at Hotel Oderberger to discuss social impact, inclusion and responsible development.

Gunnar Gombert attended the ZIA Office Property Day 2025 in person. The event provided a clear picture of the current status of the German office market: vacancy rates in the Big 7 sit at around 8 %, with Frankfurt and Düsseldorf significantly higher. The “flight to quality” continues to sharpen – strong locations and ESG-compliant, flexible assets remain resilient, while older, less adaptable buildings come under increasing pressure.