AVERAGE RESULT
With a take-up of 49,000 m² the outcome of the Saxony metropolis at the end of the first half of 2020 is around 6% below the long-term average (52,000 m²). At the same time, the result is about 11% lower than last year. However, this represents the smallest percentage loss compared to the other large German office markets. The fact that Leipzig has been able to get through the Corona crisis and the lockdown lasting weeks more successfully is also shown by the fact that in the second quarter (28,000 m²) even more take-up was recorded than in the first quarter (21,000 m²). This was due, among other things, to two larger deals in the segment between 2,001 and 5,000 m², which were still missing at the beginning of the year. Overall, although it cannot be assumed against the background of the current economic situation that Leipzig in 2020 will be able to continue the results of the three exceptionally strong previous years, an above-average result in a long-term comparison seems likely.
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