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Dortmund Office Market - Q1 2016

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Dortmund Office Market - Q1 2016

At 28,000 m², take-up in Dortmund in the three months of 2016 was three-quarters higher than in the prior-year period, with the strong demand giving the office market the best start to a year ever registered. In particular, the City Centre posted buoyant market activity, with a total of 11,000 m². It was followed by Rheinlanddamm and Westfalendamm, with a combined take-up of 9,000 m². Even the subcentres accounted for 8,000 m². The largest lease, for premises of 4,100 m² in the City Centre, was concluded by a medical care centre. Other sizeable contracts were signed by an IT firm in the Technology Park (2,800 m²) and by Wilo SE on Rheinlanddamm (2,500 m²). So the new record was fuelled by a whole number of lease contracts upwards of 1,000 m².

Source : BNP Paribas Real Estate 

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