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Office Market Report Hamburg Q1 2020

  • Letting performance fell significantly, by 32% compared to the previous year
  • Prime and average rents have risen
  • Lack of available space is a decisive factor for the decline in take-up
  • Vacant offices remain scarce in central locations close to the city centre
  • Effects of COVID-19 cannot yet be ascertained
  • In the industry statistics, the real estate sector itself concluded the highest number of lettings over the quarter

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Christian Schön

Christian Schön
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