Activity on the Düsseldorf office leasing market in 2018 remained strong. We can expect 2019 to also exceed the longtime average and post takeup results of at least 340,000 sqm. This combined with the high preleasing rates we are seeing at property developments will continue to fuel the downward vacancy trend, although the drop in vacancy will likely slow down somewhat compared to past years.
Following 2017’s record high, demand for real estate investment opportunities in all asset classes on the Düsseldorf market remained high in 2018, fueled by unexpected momentum and posting a new alltime. What’s more, the city managed to reach this record transaction volume without the help of highvolume office deals in the CBD and despite the ongoing shortage of supply in the core segment.