Summary and analysis of Düsseldorf's current office real estate market conditions.
Insight
Dusseldorf Office Market Dynamics, Q1 2025
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In the first quarter of 2025, the Düsseldorf office letting market recorded a take-up of 45,300 sq.m., corresponding to a decrease of 35% year-on-year. This result marks the weakest start to a year in the last 20 years.
The vacancy rate has also increased slightly in the first three months of the year, rising by 80 basis points year-on-year to currently 10.7%. In total, around 1.01 million sq.m. are available for short-term lease.
The prime rent remained stable in the first quarter at €43.50/sq.m./month. Compared to the previous year, an increase of nearly 4% can be recorded.