19.10.2011 - Savills: German offices show increase in demand and prime rents
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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