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Germany office markets - Q1 2015

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Germany office markets - Q1 2015

Take-up in the top six office markets totalled 680,000 sq m in the first quarter of 2015, which represents a decline of 3.1% on the same quarter last year.

Although demand is strong across all markets this has not yet resulted in higher take-ups in all locations. In Berlin (-25%), Cologne (-12%) and Frankfurt (-7%) a number of large scale searches are in the market so that significant increases of turnover can be expected throughout the year.

Source : Savills

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