Key points include:

  • Q2 was a quieter quarter for the market after a record Q1, however, activity is expected to regain pace in Q3
  • CBRE expects the market to see significantly more supply come online during H2
  • Supply-constrained Frankfurt will see the largest amount of new projects
  • A high number of pre-lets means FLAP is also likely to see more take-up during H2 than in H1
  • Providers are overall expecting a busier Q3, with many saying supply-chain challenges have continued to push out deals and deployments