At a Glance Q3 2019

Logistics market Düsseldorf

Logistikmarkt Düsseldorf


In the first three quarters of the year, the Düsseldorf logistics market achieved a take-up of 108,000 m², the weakest result in recent years. Compared to the same period last year, the result dropped by a good 41% and the long-term average was also missed by almost 46%. Interestingly, the same number of contracts were concluded as in the first three quarters of 2018. However, a large proportion of the contracts relate to very small properties, with the result that the quite dynamic market development is reflected to a much lesser extent in total take-up than usual. This is mainly due to the fact that the supply of larger properties, especially in the established logistics locations, has become very scarce. Other notable factors are the increased owner-occupier ratio (43%) and the larger share of new buildings (61%) in total take-up. It is apparent that occupiers are shifting more and more towards developing new space for their own needs, as often no suitable existing space is available on the market.

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