AGAIN THE NATIONWIDE NUMBER ONE

With a take-up of 428,000 m², the Bavarian state capital is once again at the top of all major office locations, although only just ahead of Berlin. The extraordinarily good result of the previous year was missed by around 8%, but it still represents the second-best result of the last ten years. For the third year in a row, Munich has thus exceeded the 400,000 m² mark by the middle of the year. It is also pleasing to note that the strong demand has come from all market segments and is not only attributable to a few big deals. Since there are hardly any larger contiguous spaces in the central locations, especially not with modern quality, the larger contracts mainly took place in the subcentres or in the periphery. The most important contracts include owner-occupier deals with Bayerischer Rundfunk (25,000 m²) and EDAG Engineering in Moosach/Milbertshofen (9,000 m²), as well as rentals from Accenture in the southern city fringe (12,600 m²) and the coworking provider Design Offices (9,600 m²).

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