TAKE-UP ABOVE PREVIOUS YEAR AND LONG-TERM AVERAGE
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As of mid-2025, the Dortmund office market once again sets itself apart from most major German markets with a notably positive performance. With a take-up of 65,000 sqm, Dortmund not only exceeds the equivalent figure from the previous year by nearly 28%, but also surpasses the ten-year average by an impressive 41%. Aside from Frankfurt and Dortmund, no other top location achieved a comparable increase in take-up. Historically, this marks the second-best half-year result since records began.
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However, a differentiated view of the half-year balance is necessary: despite several larger leases – including one by the City of Dortmund – and a strong start to the year with around 43,000 sqm in take-up, momentum slowed somewhat in the second quarter. Over the last three months, around 22,000 sqm of office space was leased, with the core city accounting for the highest activity, contributing more than 14,000 sqm (H1 2025: 47,500 sqm).
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The dynamic market activity is supported by a stable demand base. This is particularly evident in the demand for office space in the size category between 5,000 sqm and 10,000 sqm, which at around 31,000 sqm accounts for around 47% of total take-up – a significantly above-average figure. Also notable is the traditionally strong public sector, which contributed approximately 66% of overall take-up and was a major driver of this exceptional result.
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The prime rent has stood at €20.00/sqm since the beginning of the year – an increase of nearly 18% year-on-year.