Munich is a very decentralised market, however, if international companies are looking to base their business in the city and need good access to air travel, then our local expert Florian Kappes would recommend offices in the north of Munich, because the airport is quite far out from the city centre.
In general, the Munich serviced office market is healthy, with occupancy rates around 80 – 85%. Because the conventional market is quite well rented, landlords will usually ask for long-term commitment, so companies that are unsure about long-term development should start with serviced offices. The large variety of options in the marketplace caters for most needs, from peripheral low-cost options to high-spec space in the historic city centre.
The prices for serviced office space can range from €350 – 800 per desk, depending on the location and requirements. These costs also cover amenities, which may include Internet, meeting rooms, kitchen facilities, reception services, AV equipment and parking.
Many clients rent small offices of up to four people to set up their businesses in the Munich area. However, we also have the capacity for large short-term project space, and due to the many options we list, we're usually able to put offices forward, even if a client requires space for over 20 people.
Indeed, Instant Offices offer a great variety of office sizes, and are able to accommodate most enquiries, from one person through to 100 or more, depending on the specifics.
Why choose Munich?
Munich is an ideal city in which to base your business – it's centrally located with excellent transport links, whether you’re travelling via road, rail or air. Munich also provides a strong economic environment, supported by the healthy economy of Bavaria itself. There is also the added convenience of being close to major German corporates, particularly for those in the supply chains, and the overall prestige of a business address in one of Germany’s largest and richest cities.
Five things you probably didn’t know about Munich:
- Most of the world-famous beer festival, Oktoberfest is actually held in September; Oktoberfest ends the first weekend in October
- Munich’s Deutsches Museum is the largest science and technology museum in the world
- Munich is one of the world’s major publishing centres; there are about 250 publishing houses in the city
- The city’s motto is “München mag Dich” (Munich likes you)
- The major streets of the old town were pedestrianized for the Olympics in 1972 and have stayed as such ever since