SOUND START IN THE FIRST QUARTER
With take-up of 75,000 sqm, the Düsseldorf office market has made a solid start into the new year. Thereby the take-up of the last three months is around 25% higher than the take-up of the weak quarter of the previous year. The current result for the North Rhine-Westphalian state capital is attributable to an increased take-up in all submarkets. The analysis by size class shows the increase in leasing activity in the mid-sized segment in particular. Contracts beyond 10,000 sqm have not been concluded after date, but in contrast to the previous year, deals between 5,001 and 10,000 sqm can be registered. The Bundesanstalt für Immobilienaufgaben (BIMA) leased 7,900 sqm of office space in the Düsseldorf North submarket through BNPPRE. There was also a noticeable increase between 2,000 and 5,000 sqm compared with the previous year (+73%). The size segment below 1,000 sqm once again presented a solid foundation with a volume of around 44,000 sqm.