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Office Market Report Hamburg Total Year 2020

  • Lowest office letting performance in 20 years
  • Nevertheless, a rise in prime and average rents appears likely
  • Increased supply of space available to sublet from the second half of 2020 onwards
  • Prime and average rents increased year-on-year
  • Industrial sector rented the most office space
  • City submarket once again records the highest office space take-up