• At 432,100 sq m, take-up in the first three quarters was 8% lower than in the same period last year.
  • The ongoing containment of the pandemic resulted in an increase in office demand from all sectors and the reactivation of inquiries that had been temporarily paused.
  • More and more office users prefer a high-quality working environment, preferably in central city locations.
  • Against the backdrop of a market environment that is recovering noticeably from the pandemic and due to the growing demand for office space in Munich, a lively year-end quarter can be expected.
  • A limiting factor on the take-up continues to be the scarcity of modern space of sufficient size in locations that are in high demand.