Logistics Dashboard

By the end of the third quarter, the nationwide logistics market achieved a take-up of 4.3 million square metres, which is  around 10% higher than the previous year's result. Following a subdued start to the year, the market gained momentum, with take-up rising to 1.5 million square metres in Q2 and 1.6 million square metres in Q3. Despite the ongoing weak economic environment, this result is very positive, even if it is still 14% below the ten-year average. Since the second quarter, there has been greater activity and a more positive outlook among companies in the market than in the previous weak year. This is reflected in a higher number of large-scale contracts and an increasing number of space requests, for example. Notably, demand for space is also picking up again in the e-commerce sector. Rental prices rose slightly in some markets in Q3. Compared with the previous year, prime rents increased by an average of 2.4% across all locations, while average rents rose by 3.9%.