RECORD TAKE-UP IN THE FIRST HALF OF THE YEAR
The Düsseldorf office market reports an entirely successful first half of 2019, which is also marked by a new take-up record. With a letting volume of 244,000 m2, the previous record from 2016 was clearly exceeded. Compared to the same period last year, growth of a good 25% was recorded and the ten-year average was also outstripped by just under 24%. As usual, the major share of the volume was achieved in the city zones (217,000 m²), while the office market zones of the periphery contributed a total of 27,000 m² to the overall outcome. At the submarket level, the Friedrichstadt and Seestern office market zones proved to be the most prominent, with 60,000 and 41,500 m² respectively, making impressive contributions to the total result. All three major contracts for more than 10,000 m², which represent an important component for the record take-up in the first half of the year, were also concluded in the mentioned submarkets.
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