STRONG RESULT EVEN IN UNCERTAIN TIMES
At the end of the third quarter the Leipzig logistics market recorded a take-up of 231,000 m². This result is around 39 % above the long-term average and exceeds the previous year's take-up by an impressive 88 %. Responsible for this aboveaverage result is especially the strong second quarter, in which 183,000 m² of logistics space alone was let. Although the effects of the Corona pandemic and the associated weaker demand for space from individual sectors are also being felt in the logistics market of the Saxony metropolis, companies in the pharmaceutical industry and e-commerce in particular are still very active in these uncertain times. Due to the lack of logistics space providing the modern quality which many users are asking for these days, especially in the size segment over 10,000 m², not all requests can be met at present. It is this lack of modern supply at short notice which drives pre-lettings. A large part of the take-up has been realised in new building projects (76 %).
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