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31 May 2012
Frankfurt am Main, Germany
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20 June 2012
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German office lettings stabilise in 1Q10 - Savills
German office rentals in first quarter stabilised at 564,000 sq.m., roughly the equivalent of 1Q09, with Düsseldorf recording the largest jump after a massive 90,000 sq.m. letting to Vodafone, according to real estate advisor Savills. Two trends emerged in rentals: prime rents dropped markedly but average rents rose, particularly in Frankfurt and Hamburg. (See upcoming PIE Editions for full story)