BREATHER AT THE START OF THE YEAR
After a strong year 2020 with the second-best result in history (669,000 m² take-up) and a significant acceleration in transaction activity, particularly in the latter half of the year, the market players in the Ruhr region have taken their foot off the gas at the start of 2021. By the end of March, take-up only amounted to 43,000 m². It is obvious that the result of the very strong quarter of the previous year was missed by almost 75 % and that the tenyear average (-59 %) also remained a long way off. Many of the available existing spaces as well as the project developments under construction were already absorbed by the market in 2020 and this mainly in the context of large-scale contracts. It is precisely these transactions beyond the 20,000 m² mark that are now completely missing at the beginning of 2021.
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