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Office Market Report Hannover Q2 2022

  • Take-up falls 18% year-on-year 
  • Prospective major occupiers react cautiously in H1
  • Most leases concluded in < 1,000 sqm segment
  • Prime rent rises, average rent unchanged
  • Dwindling supply of vacant office space
  • 415,000 sqm  of new office space in pipeline for completion by year-end 2025
  • City submarket most popular with office tenants