At a Glance Q2 2023

Office market Dortmund

Büromarkt Dortmund

SOLID FIRST HALF OF 2023

After an average start to the year, demand remained stable in the second quarter, so that at the mid-year a result of 38,000 m² was achieved which, while missing the long-term average (42,000 m²) by around 8%, is nevertheless around a third above the comparable period of the previous year. The good result is based in particular on the above-average increase in take-up in the space segment above 5,000 m², with which Dortmund also performs very well even in a nationwide comparison. At around 52%, more than half of the take-up was registered in this size segment in H1 2023. In contrast, significantly less take-up was achieved in the size classes up to 1,000 m². At submarket level, the City Centre was the location with the highest take-up (15,600 m²), partly due to a large-scale letting by the City of Dortmund. The Phoenix-See, which belongs to the Subcentre locations, also made strong gains and, with a take-up of a good 8,000 m², was the office market zone with the second-best half-year result. This is mainly attributable to the largest letting to date concluded in Q2 by "BIG direkt gesund" for 7,400 m².

 

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