BERLIN LOGISTICS MARKET SHOWS SOLID PERFORMANCE
Despite the great economic uncertainties in the wake of the Corona pandemic, the Berlin market for storage and logistics space can look back on a solid 12 months: With a take-up of 432,000 m², the 400,000 m² mark was surpassed for the fourth year in a row. Although the result corresponds to a decline of about 14 % compared to the previous year, it must be taken into account that 2019 was a record year. It is therefore more appropriate to look at the long-term comparison, which shows that a slightly above-average result (+6 %) was for 2020. Particularly noteworthy is the very high market momentum with almost 130 registered contracts, which was only higher in the record year 2019. If you put this in relation to take-up, it becomes clear that although market activity is very lively, deals in the small-space segments tend to be much more important than they were just a few years ago.
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