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Germany: Office Leasing Q3 2021

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Market at a glance

The office letting markets in Germany recovered slightly in the third quarter. In the top 7 office hubs, a total of around 2.0 million sqm of office space was taken up in the first 9 months. The last three months made a significant contribution of 868,000 sqm. Although the 10-year average was undercut by 16%, the deviation of the half-year was still 25%.

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Germany: Office Leasing Q3 2021

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Philipp Allroggen

Consultant

Duesseldorf

Philipp graduated with a master's degree in economics in 2019. After gaining experiance in the consultancy sector (internships at PwC and HORBACH) and working as a graduate research assistant at the Chair of Quantitative Economic Policy and the ad personam Jean Monnet Chair of Macroeconomics at University of Duisburg-Essen, he joined Colliers International Germany in September 2020.

He is monitoring, analyzing and conducting research and analysis in real estate markets, macroeconomic environment, future trends and other real etstae related topics, as well as writing market reports and supporting local researchers and brokers.

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