THIRD BEST TAKE-UP RESULT EVER
In the third quarter, the Munich logistics and warehouse market continued its strong performance from the first half of the year. As a result, take-up at the end of September was 258,000 m². This not only exceeded the previous year's figure by 55 %, but also the ten-year average by almost 30 %. How strong the demand was is also underpinned by the fact that it is the third best result on record. Munich thus joins the ranks of logistics locations with exceptionally good results. What is particularly pleasing is that the market recovery extends across all sectors and is not due to individual special effects. In contrast to last year, large deals over 20,000 m² also contributed to the strong take-up. The most significant deals include a public sector lease in Kirchheim for around 25,000 m² and Rudolph Logistik in Reichertshofen for around 12,000 m². In addition, two owner-occupier deals by the Noerpel Group in Odelzhausen (25,000 m²) and DHL in Aschheim (16,200 m²) made a significant contribution to the good result.