At a Glance Q2 2020

Logistics market Berlin

Logistikmarkt Berlin


The Berlin market for warehouse and logistics space (including the surrounding area) achieved a relatively modest result at mid-year with a take-up of 131,000 m². The result is thus only about half as high as in the previous year, which was admittedly strong though. However, the long-term average was also clearly undercut (-33%). Given that some companies have temporarily put planned letting decisions "on hold" and postponed them for a few weeks due to the uncertainties surrounding the economic and social lockdown, the current downturn is not particularly surprising. Nevertheless, this does not mean that the market has come to a complete freeze due to Corona. More than 50 registered deals prove that the market as a whole was very lively in the first half of the year. However, the registered deals are increasingly concentrated in the small-scale segment, to which the current good availability of modern space in business parks in the nearby Berlin area has also contributed.

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