SECOND-BEST TAKE-UP OF THE LAST TEN YEARS
After a relatively moderate start into the year, the Frankfurt office market has accelerated in the second quarter. With a volume of 281,000 m² in the entire market area, the previous year's result was exceeded by 3% which also means that at the same time the second-best result of the last ten years was achieved. Even in the more narrowly defined gif area, outcome increased by almost 6% to 264,000 m² and therebye one of the best results of all times was reported. The fact that the ten-year average was topped by an impressive 20% also shows how good take-up is. This was also due to a number of large contracts for more than 10,000 m², which were still missing in the first three months of the year. In a nationwide comparison, Frankfurt thus ranks fourth behind Munich, Berlin and Hamburg. Due to the shortage of supply in the central locations, large deals were mainly concluded in the secondary locations, e.g. in Niederrad (DekaBank, 46,200 m²; DFB, 10,000 m²) or Eschborn (Randstad Deutschland, 14,800 m²; German Corporation for international Cooperation, 10,600 m²).
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