TAKE-UP SIGNIFICANTLY ABOVE PREVIOUS YEAR'S LEVEL
The German office markets are in recovery mode, and the upward trend picked up further in the third quarter. Overall, take-up of just under 2.25 million m² was registered in the first three quarters, representing an increase of almost 16%. At midyear, the year-on-year increase was only just under 5%. The increasing dynamic of demand is particularly evident if only the third quarter is considered. At 891,000 m², not only the prior-year result was exceeded by 38%, but also the ten-year average by 4%.
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