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Office Market Report Report Frankfurt Total Year 2019

  • Office space take-up well above the 10-year average
  • Take-up of 324,000 sqm in the second half year overtakes the first half-year performance of 275,000 sqm
  • Financial services and banking sector is by far the most active group on the leasing side
  • Letting performance in 2019 driven by large-scale lettings
  • Decreasing supply of available office space
  • High proportion of pre-letting amongst new-build projects
  • Prime rent on the up but downturn in average rent

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