Citynews: Office Market Munich 1Q 2008

Substantial increase in take-up

With turnover of 236,000 m2 in Q1, Munich surpassed its already very good prior-year result by all of 24 % to give the city its best-ever firstquarter performance. The biggest contribution came from the city centre, which accounted for 68,500 m2 (29 %), but Region Nord also performed well, with take-up of 23,500 m2 (10 %). The most important business sectors were other services (almost 16 % of the total), consultancies (just under 15 %) and information and communications technologies (over 14 %).

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Source: Atisreal GmbH

Published: 03.04.2008