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Office Market Report Report Berlin Total Year 2021

  • 10% increase in take-up year-on-year
  • A significant uplift in take-up in the second half of the year compared to the first (493,000 sqm vs. 300,000 sqm)
  • Office space supply remains scarce despite increased pipeline
  • Mitte improves letting performance by 66% compared to 2021
  • Prime and average rents pick up
  • Forecast: take-up of 800,000 - 850,000 sqm realistic for 2022
     

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