NO MAJOR CONTRACTS IN THE FIRST HALF OF THE YEAR
After the Dortmund office market posted record take-up in both the first half of the year and the fourth quarter in 2021 despite the ongoing pandemic environment, the market has slowed considerably in the current year. The start of 2022 had already been below average and letting activity did not accelerate in the second quarter either. At mid-year, a take-up of 28,000 m² is registered. The fact that the brilliant result from the same period of the previous year was missed (-62%) is hardly surprising, although the result of 33% is also significantly below the long-term average. It is primarily the lack of letting completions beyond the 5,000 m² that is responsible for the weak interim result. In the small and mid-sized segment, the market is definitely on the move, although the latest results are slightly below average as well.