At a Glance Q1 2021

Logistics market Berlin

Logistikmarkt Berlin

VERY STRONG START TO THE YEAR

The Berlin market for storage and logistics space (including surrounding area) had a very strong start to the year. The high market momentum registered in the second half of 2020 has continued seamlessly and has even increased again in the past three months. With a take-up of 150,000 m², the best result of the year to date was achieved and the result from the same quarter of the previous year was doubled (+103 %). The high market dynamics are also reflected in the number of around 40 contracts concluded. The players are definitely on the move and this also applies to the location around Tesla's Gigafactory in Grünheide, which is currently under construction. Some supplier companies have now signed contracts in the vicinity of the Gigafactory. With the very good start to the year, Berlin has once again been able to position itself at the top of the nationwide locations. Hamburg (129,000 m²) and Leipzig (128,000 m²) follow in second and third place.

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