STRONG START INTO THE YEAR
The Dortmund office market started the year with a take-up of 34,000 m², the best result of the last ten years. Thus the outcome is a good 60% above the long-term average. Compared to the rest of Germany, where the ten-year average is around -9%, Dortmund is in a very good position with this result. This development shows that the office market in the Ruhr city is recovering noticeably from the year 2020, which was significantly below average due to the pandemic. A large share of this improvement is due to large leases, of which there were already four in Q1 with a minimum size of 2,500 m². Four large deals in particular, which account for more than 16,000 m², have played a major role in this development.
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