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Savills: German offices show increase in demand and prime rents

Posted on 19 October 2011

Germany’s top five office markets of Berlin, Düsseldorf, Frankfurt, Hamburg and Munich have recorded a 2.02 million m² take up in the first three quarters of 2011, reflecting a 9% year-on-year increase. According to Savills research, vacancies have dropped marginally during Q3 11 and prime rents have risen slightly.
Robert Kellershohn, Managing Director Office Agency at Savills Germany says: “The German office markets continued to recover throughout Q3 which is reflected in the changes in both prime rental values and vacancies……………………………………….Full Article: Source


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