At a Glance Q2 2019

Office market Germany

Büromarkt Deutschland

NEW RECORD TAKE-UP WITH 1.98 MILLION M²

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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