RELATIVELY MODERATE START INTO THE YEAR
With a take-up of 114,000 m², the Frankfurt logistics and warehouse space market recorded a rather restrained start into the year and missed the comparable result of the previous year by a good 14 %. Furthermore, the ten-year average was not quite reached and fell short by about 7 %. However, the Frankfurt market is not the only one with such an outcome. The first quarter was relatively weak at other locations as well. Nevertheless, with this result, Frankfurt is once again at the top of the major German logistic hubs. The proportionately lower result was mainly due to an insufficient supply, especially in the large space segment, so that some concrete requests for more than 10,000 m² could not be fulfilled in the first three months of the year. The largest contract has been registered in Gernsheim, where a trading company has rented a good 20,000 m². In addition, SLL System Lager Logistik GmbH took 12,000 m² in the SEGRO Park in Bischofsheim and Pirelli signed a contract for 10,000 m² in Eppertshausen.
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