Commercial Real Estate Manager Average Salary in Germany 2022 - The Complete Guide (2023)

Table of Contents
How much money does a Commercial Real Estate Manager make in Germany? Commercial Real Estate Manager Salary Distribution in Germany The median, the maximum, the minimum, and the range Commercial Real Estate Manager Salary Comparison by Years of Experience How does experience and age affect your pay? Commercial Real Estate Manager average salary change by experience in Germany Typical Salary Progress for Most Careers Commercial Real Estate Manager Salary Comparison By Education How do education levels affect salaries? Commercial Real Estate Manager average salary difference by education level in Germany Typical Salary Difference by Education for Most Careers Commercial Real Estate Manager Salary Comparison By Gender Salary Comparison By Gender in Germany for all Careers Commercial Real Estate Manager Average Annual Salary Increment Percentage in Germany How much are annual salary increments in Germany for Commercial Real Estate Manager(s)? How often do employees get salary raises? Commercial Real Estate Manager Germany / All Professions Annual Increment Rate By Industry 2021 Worldwide Salary Raises: All Countries and All Jobs Commercial Real Estate Manager Bonus and Incentive Rates in Germany How much and how often are bonuses being awarded? Types of Bonuses Considered What makes a position worthy of good bonuses and a high salary? Bonus Comparison by Seniority Level Commercial Real Estate Manager Average Hourly Wage in Germany The average hourly wage (pay per hour) in Germany is 38 EUR. This means that the average Commercial Real Estate Manager in Germany earns approximately 38 EUR for every worked hour. Commercial Real Estate Manager VS Other Jobs Salary comparison with similar jobs Salary Comparison By City Government vs Private Sector Salary Comparison

How much money does a Commercial Real Estate Manager make in Germany?


Commercial Real Estate Manager Average Salary in Germany 2022 - The Complete Guide (1)

Average Monthly Salary

6,570 EUR

( 78,800 EUR yearly)


LOW
3,020
EUR
AVERAGE
6,570
EUR
HIGH
10,400
EUR

A person working as a Commercial Real Estate Manager in Germany typically earns around 6,570 EUR per month. Salaries range from 3,020 EUR (lowest) to 10,400 EUR (highest).

This is the average monthly salary including housing, transport, and other benefits. Commercial Real Estate Manager salaries vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.

Commercial Real Estate Manager Salary Distribution in Germany

Commercial Real Estate Manager Average Salary in Germany 2022 - The Complete Guide (2)

The median, the maximum, the minimum, and the range

  • Salary Range

    Commercial Real Estate Manager salaries in Germany range from 3,020 EUR per month (minimum salary) to 10,400 EUR per month (maximum salary).

  • Median Salary

    The median salary is 7,090 EUR per month, which means that half (50%) of people working as Commercial Real Estate Manager(s) are earning less than 7,090 EUR while the other half are earning more than 7,090 EUR. The median represents the middle salary value. Generally speaking, you would want to be on the right side of the graph with the group earning more than the median salary.

  • Percentiles

    Closely related to the median are two values: the 25th and the 75th percentiles. Reading from the salary distribution diagram, 25% of Commercial Real Estate Manager(s) are earning less than 4,550 EUR while 75% of them are earning more than 4,550 EUR. Also from the diagram, 75% of Commercial Real Estate Manager(s) are earning less than 9,470 EUR while 25% are earning more than 9,470 EUR.


What is the difference between the median and the average salary?

Both are indicators. If your salary is higher than both of the average and the median then you are doing very well. If your salary is lower than both, then many people are earning more than you and there is plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated. We wrote a guide to explain all about the different scenarios. How to compare your salary

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Commercial Real Estate Manager Salary Comparison by Years of Experience

How does experience and age affect your pay?

Commercial Real Estate Manager Average Salary in Germany 2022 - The Complete Guide (8)

The experience level is the most important factor in determining the salary. Naturally the more years of experience the higher your wage. We broke down Commercial Real Estate Manager salaries by experience level and this is what we found.

A Commercial Real Estate Manager with less than two years of experience makes approximately 3,430 EUR per month.

While someone with an experience level between two and five years is expected to earn 4,580 EUR per month, 34% more than someone with less than two year's experience.

Moving forward, an experience level between five and ten years lands a salary of 6,770 EUR per month, 48% more than someone with two to five years of experience.

On average, a person's salary doubles their starting salary by the time they cross the 10 years* experience mark.

* Based on the average change in salary over time. Salary variations differ from person to person.

Additionally, Commercial Real Estate Manager(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 8,250 EUR per month, 22% more than someone with five to ten years of experience.

If the experience level is between fifteen and twenty years, then the expected wage is 9,000 EUR per month, 9% more than someone with ten to fifteen years of experience.

Lastly, employees with more than twenty years of professional experience get a salary of 9,740 EUR per month, 8% more than people with fifteen to twenty years of experience.


Commercial Real Estate Manager average salary change by experience in Germany

0 - 2 Years

3,430 EUR

2 - 5 Years+34%

4,580 EUR

5 - 10 Years+48%

6,770 EUR

10 - 15 Years+22%

8,250 EUR

15 - 20 Years+9%

9,000 EUR

20+ Years+8%

9,740 EUR

Percentage increase and decrease are relative to the previous value


Typical Salary Progress for Most Careers

Commercial Real Estate Manager Average Salary in Germany 2022 - The Complete Guide (9)

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Commercial Real Estate Manager Salary Comparison By Education

How do education levels affect salaries?

Displayed below is the average salary difference between different Commercial Real Estate Manager(s) who have the same experience but different education levels.

Commercial Real Estate Manager Average Salary in Germany 2022 - The Complete Guide (15)

We all know that higher education equals a bigger salary, but how much more money can a degree add to your income? We broke down Commercial Real Estate Manager salaries by education level in order to make a comparison.

When the education level is High School, the average salary of a Commercial Real Estate Manager is 4,210 EUR per month.

While someone with a Certificate or Diploma gets a salary of 4,950 EUR per month, 18% more than someone having a High School degree.

A Bachelor's Degree gets its holder an average salary of 7,180 EUR per month, 45% more than someone with a Certificate or Diploma.

Professionals who hold a Master's Degree are rewarded with an average salary of 9,400 EUR per month, 31% more than someone with Bachelor's Degree.


Commercial Real Estate Manager average salary difference by education level in Germany

High School

4,210 EUR

Certificate or Diploma+18%

4,950 EUR

Bachelor's Degree+45%

7,180 EUR

Master's Degree+31%

9,400 EUR

Percentage increase and decrease are relative to the previous value


Is a Master's degree or an MBA worth it? Should you pursue higher education?

A Master's degree program or any post-graduate program in Germany costs anywhere from 19,100 Euro(s) to 57,200 Euro(s) and lasts approximately two years. That is quite an investment.

You can't really expect any salary increases during the study period, assuming you already have a job. In most cases, a salary review is conducted once education is completed and the degree has been attained.

Many people pursue higher education as a tactic to switch into a higher paying job. The numbers seem to support the thoery. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.

If you can afford the costs of higher education, the return on investment is definitely worth it. You should be able to recover the costs in roughly a year or so.


Typical Salary Difference by Education for Most Careers

Commercial Real Estate Manager Average Salary in Germany 2022 - The Complete Guide (16)

Commercial Real Estate Manager Salary Comparison By Gender

Commercial Real Estate Manager Average Salary in Germany 2022 - The Complete Guide (17)

Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? Male Commercial Real Estate Manager employees in Germany earn 6% more than their female counterparts on average.

Male

6,760 EUR

Female-6%

6,380 EUR

Percentage increase and decrease are relative to the previous value


Salary Comparison By Gender in Germany for all Careers

Commercial Real Estate Manager Average Salary in Germany 2022 - The Complete Guide (18)

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Commercial Real Estate Manager Average Annual Salary Increment Percentage in Germany

How much are annual salary increments in Germany for Commercial Real Estate Manager(s)? How often do employees get salary raises?

Commercial Real Estate Manager

Commercial Real Estate Manager(s) in Germany are likely to observe a salary increase of approximately 12% every 18 months. The national average annual increment for all professions combined is 8% granted to employees every 16 months.

Commercial Real Estate Manager Average Salary in Germany 2022 - The Complete Guide (19)

The figures provided here are averages of numbers. Those figures should be taken as general guidelines. Salary increments will vary from person to person and depend on many factors, but your performance and contribution to the success of the organization remain the most important factors in determining how much and how often you will be granted a raise.

Germany / All Professions

The term 'Annual Salary Increase' usually refers to the increase in 12 calendar month period, but because it is rarely that people get their salaries reviewed exactly on the one year mark, it is more meaningful to know the frequency and the rate at the time of the increase.

How to calculate the salary increment percentage?

The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 ÷ Increase Frequency

The average salary increase in one year (12 months) in Germany is 6%.

Annual Increment Rate By Industry 2021

Banking

9%

Energy

9%

Information Technology

9%

Healthcare

9%

Travel

9%

Construction

9%

Education

9%

Listed above are the average annual increase rates for each industry in Germany for the year 2021. Companies within thriving industries tend to provide higher and more frequent raises. Exceptions do exist, but generally speaking, the situation of any company is closely related to the economic situation in the country or region. These figures tend to change frequently.


Worldwide Salary Raises: All Countries and All Jobs

Commercial Real Estate Manager Average Salary in Germany 2022 - The Complete Guide (20)

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Commercial Real Estate Manager Bonus and Incentive Rates in Germany

How much and how often are bonuses being awarded?Commercial Real Estate Manager Average Salary in Germany 2022 - The Complete Guide (22)

A Commercial Real Estate Manager is considered to be a high bonus-based job due to the generally limited involvement in direct revenue generation, with exceptions of course. The people who get the highest bonuses are usually somehow involved in the revenue generation cycle.

12% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 88% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 5% to 9% of their annual salary.

Received Bonus

88%

No Bonus

12%

Types of Bonuses Considered

Individual Performance-Based Bonuses

The most standard form of bonus where the employee is awarded based on their exceptional performance.

Company Performance Bonuses

Occasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. The amount of the bonus will probably be different from person to person depending on their role within the organization.

Goal-Based Bonuses

Granted upon achieving an important goal or milestone.

Holiday / End of Year Bonuses

These types of bonuses are given without a reason and usually resemble an appreciation token.

Bonuses Are Not Commissions!

People tend to confuse bonuses with commissions. A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned.


What makes a position worthy of good bonuses and a high salary?

The main two types of jobs

Revenue GeneratorsSupporting Cast

Employees that are directly involved in generating revenue or profit for the organization. Their field of expertise usually matches the type of business.

Employees that support and facilitate the work of revenue generators. Their expertise is usually different from that of the core business operations.

Example:
A graphics designer working for a graphics designing company.

Example:
A graphic designer in the marketing department of a hospital.

Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation.

Try to work for companies where your skills can generate revenue. We can't all generate revenue and that's perfectly fine.

Bonus Comparison by Seniority Level

Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. People in top positions can easily get double or triple bonus rates than employees down the pyramid.

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Commercial Real Estate Manager Average Hourly Wage in Germany

Commercial Real Estate Manager Average Salary in Germany 2022 - The Complete Guide (23) 38 EUR per hour

The average hourly wage (pay per hour) in Germany is 38 EUR. This means that the average Commercial Real Estate Manager in Germany earns approximately 38 EUR for every worked hour.

Hourly Wage = Annual Salary ÷ ( 52 x 5 x 8 )

The hourly wage is the salary paid in one worked hour. Usually jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fix amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. The figures mentioned above are good approximations and are considered to be the standard. One major difference between salaried employees and hourly paid employees is overtime eligibility. Salaried employees are usually exempt from overtime as opposed to hourly paid staff.

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Commercial Real Estate Manager VS Other Jobs

Commercial Real Estate Manager Average Salary in Germany 2022 - The Complete Guide (24)

The average salary for Commercial Real Estate Manager is 52% more than that of Real Estate. Also, Real Estate salaries are 13% more than those of All Jobs.

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Salary comparison with similar jobs

Job TitleAverage Salary
Acquisition Associate2,980 EURCommercial Real Estate Manager Average Salary in Germany 2022 - The Complete Guide (25)-55%
Assistant Leasing Manager4,090 EURCommercial Real Estate Manager Average Salary in Germany 2022 - The Complete Guide (26)-38%
Assistant Property Manager3,840 EURCommercial Real Estate Manager Average Salary in Germany 2022 - The Complete Guide (27)-42%
Brokerage3,120 EURCommercial Real Estate Manager Average Salary in Germany 2022 - The Complete Guide (28)-52%
Commercial Leasing Manager6,330 EURCommercial Real Estate Manager Average Salary in Germany 2022 - The Complete Guide (29)-4%
Commercial Real Estate Manager6,570 EURCommercial Real Estate Manager Average Salary in Germany 2022 - The Complete Guide (30)+0%
Community Development Manager5,640 EURCommercial Real Estate Manager Average Salary in Germany 2022 - The Complete Guide (31)-14%
Compliance Specialist2,840 EURCommercial Real Estate Manager Average Salary in Germany 2022 - The Complete Guide (32)-57%
Development Coordinator3,090 EURCommercial Real Estate Manager Average Salary in Germany 2022 - The Complete Guide (33)-53%
Lease Administrator3,910 EURCommercial Real Estate Manager Average Salary in Germany 2022 - The Complete Guide (34)-40%
Leasing Agent3,100 EURCommercial Real Estate Manager Average Salary in Germany 2022 - The Complete Guide (35)-53%
Leasing Consultant3,780 EURCommercial Real Estate Manager Average Salary in Germany 2022 - The Complete Guide (36)-42%
Leasing Manager4,310 EURCommercial Real Estate Manager Average Salary in Germany 2022 - The Complete Guide (37)-34%
Lettings Assistant1,570 EURCommercial Real Estate Manager Average Salary in Germany 2022 - The Complete Guide (38)-76%
Portfolio Analyst 5,050 EURCommercial Real Estate Manager Average Salary in Germany 2022 - The Complete Guide (39)-23%
Portfolio Manager7,490 EURCommercial Real Estate Manager Average Salary in Germany 2022 - The Complete Guide (40)+14%
Property Acquisition Agent2,880 EURCommercial Real Estate Manager Average Salary in Germany 2022 - The Complete Guide (41)-56%
Property and Claims Specialist3,860 EURCommercial Real Estate Manager Average Salary in Germany 2022 - The Complete Guide (42)-41%
Property Manager4,430 EURCommercial Real Estate Manager Average Salary in Germany 2022 - The Complete Guide (43)-33%
Property Operations Manager6,680 EURCommercial Real Estate Manager Average Salary in Germany 2022 - The Complete Guide (44)+2%
Property Tax Assistant3,100 EURCommercial Real Estate Manager Average Salary in Germany 2022 - The Complete Guide (45)-53%
Real Estate Administrator3,460 EURCommercial Real Estate Manager Average Salary in Germany 2022 - The Complete Guide (46)-47%
Real Estate Agent3,150 EURCommercial Real Estate Manager Average Salary in Germany 2022 - The Complete Guide (47)-52%
Real Estate Analyst4,200 EURCommercial Real Estate Manager Average Salary in Germany 2022 - The Complete Guide (48)-36%
Real Estate Appraiser3,140 EURCommercial Real Estate Manager Average Salary in Germany 2022 - The Complete Guide (49)-52%
Real Estate Assistant3,010 EURCommercial Real Estate Manager Average Salary in Germany 2022 - The Complete Guide (50)-54%
Real Estate Association Manager4,360 EURCommercial Real Estate Manager Average Salary in Germany 2022 - The Complete Guide (51)-34%
Real Estate Broker2,910 EURCommercial Real Estate Manager Average Salary in Germany 2022 - The Complete Guide (52)-56%
Real Estate General Manager6,310 EURCommercial Real Estate Manager Average Salary in Germany 2022 - The Complete Guide (53)-4%
Real Estate Project Manager5,530 EURCommercial Real Estate Manager Average Salary in Germany 2022 - The Complete Guide (54)-16%
Real Estate Sales Agent3,250 EURCommercial Real Estate Manager Average Salary in Germany 2022 - The Complete Guide (55)-51%
Real Estate Valuer3,360 EURCommercial Real Estate Manager Average Salary in Germany 2022 - The Complete Guide (56)-49%
Research Analyst2,900 EURCommercial Real Estate Manager Average Salary in Germany 2022 - The Complete Guide (57)-56%
Residential Advisor3,570 EURCommercial Real Estate Manager Average Salary in Germany 2022 - The Complete Guide (58)-46%
Residential Property Manager4,510 EURCommercial Real Estate Manager Average Salary in Germany 2022 - The Complete Guide (59)-31%
Shopping Center Manager6,750 EURCommercial Real Estate Manager Average Salary in Germany 2022 - The Complete Guide (60)+3%
Town Planner6,290 EURCommercial Real Estate Manager Average Salary in Germany 2022 - The Complete Guide (61)-4%

Salary Comparison By City

CityAverage Salary
Berlin7,150 EUR
Bremen6,180 EUR
Dortmund6,460 EUR
Dresden6,010 EUR
Dusseldorf6,930 EUR
Essen6,370 EUR
Frankfurt7,210 EUR
Hamburg7,360 EUR
Hannover5,940 EUR
Koln7,020 EUR
Leipzig6,480 EUR
Munchen7,550 EUR
Nurnberg6,010 EUR
Stuttgart6,560 EUR

Government vs Private Sector Salary Comparison

Where can you get paid more, working for a private company or for the government? Public sector employees in Germany earn 5% more than their private sector counterparts on average across all sectors.

Private Sector

3,720 EUR

Public Sector+5%

3,900 EUR

Percentage increase and decrease are relative to the previous value

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