At a Glance Q3 2020

Office market Leipzig

Büromarkt Leipzig


Even in uncertain times, the Leipzig office market is in good shape and reports a take-up of 89,000 m² at the end of the third quarter. Although this result is almost 18% below the extraordinarily good outcome of the previous year, the 10-year average is exceeded by almost 10%. The robustness of Leipzig's office market during the Corona pandemic is especially apparent in a nationwide comparison: the Saxon metropolis shows the lowest proportional decline compared to the previous year. A particularly strong third quarter was responsible for this result. With 40,000 m² take-up the third quarter figure is almost 43% higher compared to the second quarter, which was heavily impacted by the lockdown. A significant contribution to this development was the first major deal of the year. The public sector leased 9,000 m² in the submarket Leipzig-West.

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