Office market: modest growth following the financial crisis

The number of office employees in Frankfurt currently amounts to
approximately 258,000 people. This corresponds to an increase of over 12%
since 2000, whereby, having grown by only 2%, the figure has been practically
stagnating since 2009. The financial and insurance sector has cut jobs by 10%
since the peak in 2002. Nevertheless, with 80,000 employees, it still accounts
for the largest share of office employees. Growth in a number of other economic
sectors has made up for the reduced momentum in the financial sector.

Apart from public sector employers, these include, in particular, finance-related service
providers such as consultancy firms, auditors and law firms, as well as IT
companies