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Market in Minutes Top 6 Office Markets Germany
"Total take-up over the first three quarters of 2021 stood at approximately 2 million sq m, representing an increase of 14% year on year."
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"Total take-up over the first three quarters of 2021 stood at approximately 2 million sq m, representing an increase of 14% year on year."
"Take-up in the top six office markets of Berlin, Düsseldorf, Frankfurt, Hamburg, Cologne and Munich totalled 1.2 million sq m in the first half of 2021. This is in line with take-up from the corresponding period last year but is one third below the figure from the first half of 2019."
"Approximately 5.5 million sq m of office space will be completed in the top six office markets over the next three years."
"Take-up in the top six office markets totalled approximately 2.47 million sq m during the first four “coronavirus quarters” (Q2 2020 to Q1 2021)."
"The COVID-19 pandemic continues to shape activity in the top six office markets in Germany. Compared with previous quarters, however, there are signs that occupiers are again looking with more confidence into the future."
"Events in the top six office markets last year were overwhelmingly shaped by the COVID-19 pan-demic and the associated economic uncertainty."
"Why the coming months are likely to be a challenge."
"Like the car industry, the office market is slowly feeling the shifts."