Office segment
Business

Office segment’s slow start to the year comes as no surprise

The German office markets posted a weak Q1 2023 as expected. Take-up in Germany’s top 8 locations of Berlin, Düsseldorf, Essen, Frankfurt, Hamburg, Cologne, Leipzig and Munich totalled 621,000 sqm in Q1, reflecting a decrease of more than 20% compared to the previous-year result and the 10-year average.

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