Logistics Dashboard

With take-up of almost 4 million m² in the first three quarters, the nationwide logistics market was unable to keep pace with its long-term average of around 5 million m² (-22%), but after a subdued start to the year there has been a noticeable market upturn for some months now, which is reflected in increased demand and rising take-up. This is a pleasing result in view of the continuing challenging economic conditions. Although logistics space take-up fell by around 12% compared to the same period last year, a positive trend has been observed since the weak first quarter. It is also particularly noteworthy that the number of registered contracts has risen noticeably over the course of the year and that the third quarter has approached the average of the past five years. In order to achieve a higher take-up result, there is currently a lack of large-scale agreements above the 20,000 m² mark, of which there were significantly more in previous years. After the strong growth in rents of recent years continued only marginally in the first three quarters, prime rents remained stable in the third quarter.