The office-letting market in Germany has performed strongly in year , according to figures from Cologne ( . Although overall take-up of new space was 8% lower than in Q1 2017 , demand remained high, with Frankfurt , Stuttgart , Berlin and Berlin all improving on Q1 2017 Q1 results. Deutsche Postbank, a bank, rented some 16,900 sq m of office space at Werinherstrasse 83-95 and the telecom company M-net signed a rental agreement for 10,000 sq m of space at Frankfurter Ring 158. Cologne had the highest growth, with a 23% increase year on year , but a shortage of available space meant Munich , Hamburg and Düsseldorf recorded falls in take-up, which accounted for the decline in the headline figure. Experts believe the figures point to further growth this year .
The office-letting market in Germany has performed strongly in year , according to figures from Cologne ( . Although overall take-up of new space was 8% lower than in Q1 2017 , demand remained high, with Frankfurt , Stuttgart , Berlin and Berlin all improving on Q1 2017 Q1 results. Cologne had the highest growth, with a 23% increase year on year , but a shortage of available space meant Munich , Hamburg and Düsseldorf recorded falls in take-up, which accounted for the decline in the headline figure. Experts believe the figures point to further growth this year .