MEDIUM-SIZED SPACE DOMINATES TAKE-UP
With 64,000 m², the Düsseldorf office market has started the new year comparatively cautious, but is still in line with the two previous year's quarterly results. For a more robust take-up, the office market of North Rhine-Westphalia capital is essentially lacking large lettings. Against the background of changed general conditions and a new macroeconomic climate, many occupiers remain rather cautious about letting new large spaces. Thus, as in the previous year, contracts for large spaces of over 10,000 m² were not concluded in the first quarter. The mainstay of take-up are lettings of up to 2,000 m². Their share of take-up registered a good 64.5%. The most significant contract concluded was the letting by the law firm Hengeler Müller for 9,600 m² in the Trinkaus Karree.