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Berlin: Office Letting | Investment H1 2021

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Office Letting

The Berlin office rental market achieved a solid take-up in the first half of 2021, which is only marginally below the value of the same period last year. Responsible for this result are a few large-volume deals with beyond the 10,000 square meter mark, especially those from the public sector. These deals made in total almost half of the total take-up.

 

Investment

After a quiet start to the year, the Berlin investment market saw a fulminant second quarter, which at over € 3.2 bn was still above the level of the boom years 2017 to 2019. For the entire H1 2021 the ten-year average was exceeded by a whopping 76%. Stabilized core assets with tenants with good credit ratings as well as property developments are right at the top of the buyers` lists, so office properties continued to be by far the most sought-after asset class.


Berlin

Berlin: Office Letting | Investment H1 2021

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Susanne Kiese

Head of Market Intelligence & Foresight | Düsseldorf

Duesseldorf

Susanne joined Colliers International Holding GmbH in February 2016 as Head of Research Germany. Before, she worked as a Senior Research Analyst for Hypothekenbank Frankfurt / Eurohypo, a specialist bank for real estate and public finance for almost 12 years. Susanne was also Research Analyst with Deutsche Gesellschaft für Offene Immobilienfonds (DEGI) GmbH, the property related investment company of Allianz Dresdner Property Group (now part of Aberdeen). 

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