At a Glance Q3 2021

Office market Dortmund

Büromarkt Dortmund

DORTMUND OFFICE MARKET ON RECORD COURSE

Following the record result for the first half of the year, the Dortmund office market continued its positive development in the third quarter. With a take-up of 96,000 m² in the first three quarters, the previous year's result was topped by around 123%, which is by far the strongest year-on-year increase of take-up in Germany. The 10-year average was also clearly exceeded by 55%. Thus, despite the still difficult economic environment, the Dortmund office market is on a par with the record year of 2016. The main reason for the ongoing success story in the third quarter was the lease of 11,300 m² by the IT service provider Adesso in one of Dortmund's peripheral locations. This deal alone accounted for more than half of the take-up in the third quarter. In total, this means that four major deals ranging from just under 4,000 to almost 16,000 m² have already been registered this year, which is an extraordinary achievement not only for Dortmund but for B-cities in general.

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