Frankfurt office market: A safe stopover landing despite turbulence
Frankfurt office market: A safe stopover landing despite turbulence 2 Oct, 2008, Frankfurt In the third quarter, the Frankfurt office market looked to be virtually unshaken by the turbulence in the global financial markets. In the first nine months of the year, a total of 385,000m² of office space was leased, almost a third of this (120,000m²) in the third quarter – an excellent result in view of the current situation. However, it is still clear that lease activities in the Frankfurt market have fallen by 9.4% in relation to the first three quarters of 2007 (first to third quarter of 2007: 425,000m²). http://www.cushwake.com/