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Office Market Report Stuttgart Total Year 2020

  • Volume of take-up reduces by 55% year-on-year due to Coronavirus
  • No major deals concluded
  • Only one letting of over 10,000 sqm
  • Public sector the most active branch 
  • Automotive and mechanical engineering industries more restrained in 2020
  • Prime rent rising sharply
  • Demand for office space in city centre locations remains high 
  • Dwindling supply of vacant office space