At a Glance Q1 2019

Office market Dortmund

Büromarkt Dortmund

PROMISING START INTO THE NEW YEAR

With a take-up of 23,000 m2 the Dortmund office market is getting off with the second-best result of the last ten years, which at the same time represents an increase of over 50 % compared to the first quarter 2018. This fulminant start is about 21 % above the 10-year average. The result is particularly influenced by an owner-occupier who contributed a space of 12,000 m² to the overall take-up. It is also worth mentioning that the regional distribution of take-up is focused mainly on the subcentres (just under 74 %) rather than on the centre fringe (about 13 %) and city (around 13 %). With about 70 % of total take-up, deals over 1,000 m² dominated the quarterly result, whereas in the previous year agreements under 1,000 m² shaped the total outcome. The enormous demand for modern space is once again shown in the high share of total turnover (about 74 %).

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