• Despite the lower take-up result compared to the same period last year, demand for office space in Munich remains high. If the owner-occupier share is subtracted, the pure letting volume even increased by 17% q-o-q
  • The supply situation in the entire market area remains tense due to the continuing decline in vacancy and the fact that there are hardly any speculative new completions
  • Larger lease requests can still only be handled if long waiting periods are accepted. As a result, 38% of the take-up in the running year was attributable to project developments
  • Rental growth continued unabatedly in almost all submarkets. Increasingly, lease contracts at the level of the prime rent are also concluded in properties outside the old town ring road. The weighted average rent is gradually approaching the €20.00 mark