Office space take-up at a high level of 111,400 sq m in the market area, but below the previous year’s result
Take-up within the city area of Düsseldorf at 108,000 sq m (-8% y o-y)
Four transactions of more than 5,000 sq m each have already been registered – only two transactions of that size in Q1 2016
The beginning of this year was clearly dominated by banks and financial services due to the two largest deals
Vacancy rate in the market area overall dropped below the 8%-mark for the first time since 2003. Within the city area of Düsseldorf, the vacancy rate was at 7.1%
The sustainably achievable prime rent increased in a y-o-y comparison; the weighted average rent remained more or less stable