m. A significant part of this result was attributable to the 24,000 sq m taken by the Frankfurter Allgemeine Zeitung, a daily newspaper, in a new build development in the Europaviertel district. The office-letting market in Germany has performed strongly in the first quarter of 2018, according to figures from German Property Partners. In a report published on Tuesday, it said that demand for office space was up by more than 20 percent compared with last year. Frankfurt 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 the first quarter of 2018, according to figures from German Property Partners. In a report published on Tuesday, it said that demand for office space was up by more than 20 percent compared with last year. Frankfurt 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.