At a Glance Q2 2019

Office market Germany

Büromarkt Deutschland


In the first half of the year the German office markets are proving to be in an impressive shape and are only slightly below the 2 million m² mark. This set a new all-time high and exceeded the previous year's result by 8%. Just how good the outcome is can also be seen from the fact that the ten-year average was topped by an impressive 23%. Despite the weaker economy and lower GDP growth, demand, especially for modern office space, remains at a high level. There are several reasons for this: On the one hand, employment growth is continuing, although at a slower pace. On the other hand, industrial companies are noticeably more affected than the service industries, which is in a much better position.

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