The mood in the office market continues to be ambivalent: on the one hand, the fundamental data in the major markets continue to show a largely robust picture, on the other hand, the discussion about the effects of working from home continues to cause uncertainty. A slump in office workers – one of the most important variables for a well-founded assessment of prospects – is not expected; By the way, home office employees count. And even if the very full new building pipeline for offices in Germany currently has a higher proportion of speculative space than in previous years, this will not burden the market excessively. Offices will continue to be needed, but the requirement profiles are changing and price pressure and vacancies are increasing depending on the location and quality.
