Office to residential conversion

The solution to address the housing shortage?

August 03, 2023
Study on the conversion of office space into residential space 

With vacancies on the office property market rising again and the ongoing debate about measures to remedy the housing shortage in major German cities, the topic of converting office space into living space has gained renewed importance. It is not an entirely new topic; whenever vacancies increase and also become publicly visible, movement comes into the discussion.

This study provides valuable insights and gives an insight into the current developments on the residential and office markets of Germany's largest cities. Possible space potentials are derived and the restrictions that stand in the way of a profitable conversion of office space into residential space are discussed.

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