INCREASE IN TAKE-UP
In the first three quarters of the year, a total take-up of 109,000 m² was registered on the Stuttgart logistics market. While the long-term average was missed by 8 %, there was an increase of 8 % compared to the same period last year. The first two quarters in particular contributed to this with a total take-up of 85,000 m², while in the third quarter only 24,000 m² of logistics space was let or allocated to owner-occupiers. In general, the gradual normalisation of social life and the positive macro-economic outlook have led to an increase in demand on a broad basis. Significant catch-up effects are apparent, especially in sectors that suffered heavily from the Corona crisis. However, due to the still glaring shortage of supply, demand can still only be met inadequately. Especially in the core area of Stuttgart's logistics market, available industrial and logistics space is almost non-existent.