SOLID RESULT DESPITE DECLINE IN TAKE-UP
After the first two quarters the Frankfurt logistics and warehouse space market recorded a take-up of 259,000 m² and thus achieved a very solid half-year overall result. Although the previous year's outcome was missed by 14% and the 300,000 m² threshold was not broken for the first time since 2015, the long-term average was slightly exceeded by 3%. Against the backdrop of the supply shortage in almost all market regions, this represents an even more pleasing achievement. In particular, unites between 5,000 and 10,000 m² close to the city are very much in demand but at the same time rare. In the core region, primarily small-scale contracts with an average size of around 2,850 m² are registered. An exception is the 18,000 m² that Eichler Kammerer occupies as an owner-occupier. Larger contracts are traditionally signed in the periphery and the outer periphery. This also includes the largest deal to date, which the owner-occupier IKEA has contributed with over 33,000 m² on the former Opel factory site in Rüsselsheim.
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