At a Glance Q1 2024

Logistics Market Frankfurt

Logistikmarkt Frankfurt BNPPRE


  • In the first three months of 2024, the Frankfurt warehouse and logistics market registered a take-up of 77,000 m². This result is around 27% below the long-term average (Ø10 years: 105,000 m²). However, the figure for the same quarter of the previous year was exceeded by 75%. Against the backdrop of a relatively weak economic situation and a structurally challenging market environment, the Frankfurt take-up represents a comparatively solid start to the year.

  • Demand for rental space in the Frankfurt market area remains stable and slightly exceeds the available supply. The general excess demand is particularly evident for space with short-term availability and short letting terms. Requests from the industrial and transport sectors continue to outweigh those from the retail sector (especially B2C food and e-commerce).

  • After an increased number of lease options were drawn in the previous quarters, the number of requests has now risen again significantly. However, space is also being offered for subletting to a greater extent.

  • In comparison to previous years, rental price momentum has recently slowed considerably. Both the average rent and the prime rent remain unchanged compared to the fourth quarter of 2023 at 6.70 €/m² and 7.85 €/m² respectively.

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