AVERAGE START TO THE YEAR
After already showing an upward trend towards the end of last year, the Frankfurt storage and logistics market recorded a respectable result in the first quarter of 2021. With a take-up of 116,000 m² in the entire market area, the admittedly weak result of the previous year was exceeded by 57 %. Compared with the ten-year average, however, the latest result is almost 11 % lower, which is unsurprising given the lockdown that has now lasted for a couple of months. Overall, however, demand is still being somewhat slowed by the general uncertainty about the further development of the pandemic and the still somewhat vague political decisions. In a nationwide comparison, Frankfurt's result is in the midfield of the major logistics regions. By far the largest deal was concluded by the Hager Group with 44,000 m² in Hammersbach. Other significant leases include 16,500 m² by Amazon in Friedrichsdorf, 9,300 m² by Teknihall in Dietzenbach and around 8,300 m² in Rodgau by KS Tools.
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