STRONG KICK-OFF DESPITE UNCERTAINTY
Leipzig's office market started the new year with another strong performance of 27,000 m². Despite the ongoing Corona crisis and the related effects on the economy, the result was around 14% above the long-term average. In addition, the previous year's result was exceeded by a remarkable 29%. Comparing the development of the big German office markets since the outbreak of the Corona pandemic, Leipzig can shine with a particular resistance to the crisis. It is also noteworthy that the Saxon metropolis achieved the good quarterly volume without a major deal over 5,000 m², which demonstrates the broad demand in the small and medium segment. Against this background, it can be assumed that the current upswing in infection and the continuing lockdown measures will only have a very limited influence on the further development in the course of the year.
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