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Office Market Report Berlin Q1 2020

  • 30% increase in the volume of take-up year-on-year
  • Many companies are still cautious when leasing new space
  • Prime and average rents have decreased slightly
  • Stability of rental prices is being maintained by the granting of incentives
  • Despite higher vacancy rates, office space remains in limited supply
  • Berlin-Mitte once again registers the highest take-up
  • Broad diversity of sectors remains Berlin's trump card