LEIPZIG SETS NEW RECORD DESPITE CORONA PANDEMIC
In the second year of the Corona pandemic, the Leipzig office market has proved its resilience to the crisis and can even report a new record result at the end of 2021. With 168,000 m² of take-up the previous year's result was surpassed by an impressive 21%. The long-term average was also exceeded by a full 36%. Not least responsible for this strong result is the in a long-term comparison high number of transactions with more than 5,000 m² letting space each. Six deals were registered in this segment, with the Deutsche Post DHL Group's lease of 22,000 m² in office submarket zone 4.2 A 14 certainly standing out in particular. However, the fact that dynamic market activity was also observed in the small to medium size segment is demonstrated by the above-average volume of deals with a letting area below 1,000 m².