INVESTMENT VOLUME BELOW PREVIOUS YEAR'S LEVEL
With an investment volume of just under €1.2 billion, the logistics investment market is off to a moderate start in 2026. The result is around 11% below the previous year's volume and, at -40%, deviates noticeably from the ten-year average. Overall, however, more transactions were registered than in the previous year. Market activity was particularly lively, with investments of up to €25 million, so that the average volume per deal fell to a low level of €19 million (Q1 2025: €22 million). It is also noteworthy that, in contrast to the first quarter of the previous year, a deal in the three-digit million range has already been recorded with the sale of the Mercedes Benz logistics centre in Bischweier.
Individual deals achieve a comparable investment volume as in the previous year and once again crack the billion mark. This means that their result, which deviates by just under 7% from the ten-year average, can be seen as very positive, especially against the backdrop of the current market environment. Portfolio sales, on the other hand, fell (-31% compared to Q1 2025) and contributed only 12% to the overall result.
Net prime yields remained constant in the first quarter after rising by 25 basis points over the course of 2025 to 4.50% in the A-locations and 4.70% in Leipzig.