Commercial real estate

Research Center

Germany - Bayern

MarketView Office Market Munich

Q3 2010

Approx. 431,900 sq m of office space has been leased in Munich since the beginning of the year. Compared to last year, take-up figures increased by approx. 11%, positively influenced by a dynamic third quarter. The proportion of owner-occupiers was only 3% of this figure. Although the volume of completions is already reducing, vacancy has risen by around 10% year-on-year to approx. 1,472,000 sq m.

Author(s): several

Source: CB Richard Ellis

Published: 19.10.2010

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