Logistics Dashboard

The nationwide warehouse and logistics market continues its impressive path to growth and closes H1 with take-up of 3.3 million m². This result is 23% higher than in the previous year and also slightly above the ten-year average (+4%). The 2nd quarter was able to increase by almost 16% compared to the first three months of the year. This result is all the more remarkable in view of the economic and geopolitical conditions, which were further burdened in particular by the Iran war and the conflict over the Strait of Hormuz. Overall, there was brisk market activity with a high number of contracts, with significantly more major deals of 20,000 m² or more than in previous years. Logistics service providers remain by far the largest demand group, with a market share of 44% and numerous large-scale contracts. The trend that has been going on for some time now that companies in the e-commerce sector are increasingly commissioning logistics service providers to handle their business is continuing. This is especially true for companies from the Asian region, especially from China, but also for other online retailers such as Amazon, which are expanding more strongly again. While take-up in the top logistics markets (Berlin, Düsseldorf, Frankfurt, Hamburg, Cologne, Leipzig and Munich) fell by 6% to 1.0 million m², the result outside the major logistics hubs rose by 42% to 2.3 million m².