STRONG PERFORMANCE EVEN IN A DIFFICULT ENVIRONMENT
The Leipzig office market is able to continue its successful development even in 2020, a year characterized by the Corona crisis. By the end of the year the boom city in Saxony recorded a take-up of 139,000 m², just below the previous year's result (-5%). In comparison with the major German office locations, Leipzig has by far the smallest percentage decline in take-up year-on-year. The figure is even a remarkable 19% higher than the long-term average and represents the third-best result ever recorded. One of the factors responsible for this noticeable volume is a strong fourth quarter with 50,000 m² take-up. The letting of 9,200 m² by Mercateo Services/Unite Network in the Ringlage submarket represents the largest deal of 2020.
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