Union Investment has completed three office leasing transactions totalling 3,517 sqm at the Stuttgart Engineering Park (STEP), as existing occupiers expanded and renewed their commitments while a growing local consultancy relocated within the technology campus.
The agreements cover office space in the STEP 6 and STEP 8.3 buildings, reinforcing the park’s position as one of Stuttgart’s established centres for engineering, technology and innovation-focused businesses.
The largest transaction was signed by GEBIT Solutions, which has occupied space at STEP 8.3 since 2018. The IT services provider expanded its premises to 1,807 sqm and agreed a new 10-year lease, reflecting its long-term commitment to the location as the company continues to grow.
Consultancy and business services firm X_Conducting has become a new tenant in STEP 6 after relocating from elsewhere within the STEP campus. The Stuttgart-based company leased 855 sqm of office space on a five-year agreement, citing the area’s transport links, business environment and employee amenities as key factors in its decision.
Meanwhile, engineering and consulting company RSE+ renewed its lease for 855 sqm in STEP 6 for a further five years. The company, which provides services across architecture, engineering, factory and logistics planning, supply chain consulting and industrial development, has been based within the STEP campus for several years and has previously expanded its operations by relocating to larger premises within the business park.
Located at Gropiusplatz in Stuttgart’s Vaihingen district, the Stuttgart Engineering Park has developed into a hub for companies operating in engineering, mobility, information technology and advanced manufacturing. Its proximity to research institutions, universities and major industrial employers has helped attract technology-driven businesses seeking access to both skilled talent and established corporate networks.
Union Investment said the latest leasing activity reflects continued demand for high-quality office accommodation in locations that combine modern workspace with strong connections to research and industry. While Germany’s wider office market continues to face challenges from hybrid working patterns and slower economic growth, specialised innovation clusters such as STEP have generally shown greater resilience due to their concentration of technology, engineering and research-led occupiers.
The transactions further strengthen occupancy levels across the STEP portfolio and underline the continued appeal of established technology parks for companies seeking room for long-term expansion in the Stuttgart region.