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Office Market Report Berlin Q2 2022

  • Significant 18% increase in take-up year-on-year
  • Second quarter take-up exceeds first quarter (215,000 sqm compared to 138,000 sqm)
  • Nominal rents remain stable
  • Vacancy rate increasing, but space availability remains above the critical level
  • Centrality of location is the most important letting criterion
  • Demand is particularly high for office space up to 5,000 sqm