Frankfurt

Frankfurt is becoming an increasingly popular location for office space in Europe. The market continues to grow, with a number of new office providers as well as an increase in the availability of coworking spaces. Top priorities for businesses looking to move to Frankfurt include transport links, location and industry type.

Florian Kappes, Instant Offices’ specialist local consultant for the Frankfurt region suggests the outskirts and centre of Frankfurt for a cost-effective option when renting office space. However, the ideal option for large businesses would be to take an office near the Westend, with good access to nearby restaurants and shops, as well as an impressive postal code.

Costs

Premium serviced office space in central districts such as OpernTurm in the Westend is the most high-end rental, costing as much as €2000. If you are looking for a more cost-effective option, a small office in the outskirts of Frankfurt can cost as little as €500.

These costs also cover amenities, which may include Internet, meeting rooms, kitchen facilities, reception services, AV equipment and parking.

Office sizes

Due to confidentiality reasons, co-working in a shared office is still in its infancy in Frankfurt with larger companies requiring dedicated offices. There is a wide selection of office spaces with some family-run centres providing just ten offices, and other major locations with over 100 offices to choose from.

Instant Offices offer a great variety of office sizes, and are able to accommodate most enquiries. Serviced office providers can be flexible, so that you can up- and downscale, according to the economic situation and your company’s needs.

Why choose Frankfurt?

In the heart of Germany, with easy access to all major German cities as well as an international airport, Frankfurt is an ideal location for businesses wishing to establish themselves in Europe. When working in banking and finance in Europe, a Frankfurt address and phone number is a must.

Five things you probably didn’t know about Frankfurt: 

• Two bronze statues of a bull and a bear stand outside of the Frankfurt Stock Exchange to signify the ups and downs of the stock market
• Frankfurt has the third largest airport in Europe
• Almost one in three people living in Frankfurt do not hold a German passport
• Frankfurt is home to the Zeli, Germany’s longest shopping street
• Out of Germany’s 15 tallest skyscrapers, 14 are located in Frankfurt

These are the most popular areas in which to rent office space:

Westend

Frankfurt’s Westend is the city’s most prestigious business area, with many affluent professionals working and living in the district. It's within walking distance of the financial district and in close proximity to Frankfurt’s bank towers, making it the perfect spot for financial and other business industries. Deutsche Bank, Commerzbank and European Central Bank all have offices in the district. The ideal position, historic architecture and an abundance of amenities means that the Westend is first choice for well-off urbanites. The area also has a number of impressive educational facilities available, including campuses for Goethe University.

Ostend

Previously an industrial area, with factories at the Hanauer Landstraße, Ostend is now a bustling, creative district, popular with trendy young companies and start-ups. In recent years it's seen an influx of design and tech companies to the area, as well as the development of attractive residential properties. At the moment, Ostend is a more cost-effective option than Westend, with office rental prices and cost of living relatively low in comparison. However, the upcoming move of the European Central Bank to Ostend will undoubtedly bring significant changes to the district, with new industries being established, as well as a more affluent demographic.

Innenstadt

The Innenstadt is the central city district for Frankfurt, with part of it forming the city’s central business district. It's also home to Germany’s most expensive real estate. The Innenstadt is bordered by grassy parklands, making it easily recognisable against the rest of the city’s districts. Here you'll find Frankfurt’s banking quarter and Frankfurt Stock Exchange. For this reason, Innenstadt is extremely popular among financial companies looking to expand into Germany.

Sachsenhausen

Sachsenhause is the largest district in Frankfurt by both population and area. It is a fairly old district with many historic buildings. The main street offers some of the city’s best shopping and is popular with tourists and locals alike; so a large part of business in this area surrounds retail and service providers.