Düsseldorf is one of the economic centres in Germany and the capital of the federal state of Nordrhein-Westfalen. The office market has had a take up of 200,000 – 400,000 m2 each year for the past 10 years, overall vacancy continues to drop and prime rental levels are now close to €30/m². In Medienhafen, the fundamentals are particularly strong, with vacancy 5.8% less than the average in the city centre, and are closing the gap with Dusseldorf’s Central Business District (CBD). Vivion’s 47,000 m2 asset, Völklinger Strasse, is located close to Düsseldorf‘s Medienhafen area in the Düsseldorf-Unterbilk district, a thriving commercial area which lies on the right bank of the Rhine river. Main tenants include Bau und Liegenschaftsbetrieb NRW, a government tenant which leases more than 20,000m2 of the building.