At a Glance Q3 2019

Logistics market Frankfurt

Logistikmarkt Frankfurt


Take-up in the third quarter was moderate by Frankfurt standards, which is also reflected in the overall result after nine months. At 364,000 m², the Frankfurt logistics and warehouse space market reported a result that was around a quarter lower than in the previous year. In a nationwide comparison, this is still a good result, so that Frankfurt ranks third behind the booming capital Berlin and Munich. However, the ten-year average was missed by 6.5%. The main reason for the decline in take-up is an insufficient supply of space in locations with particularly strong demand. To what extent a slight economic downturn is already reflected in the decline cannot be conclusively answered at this point in time. The largest contracts include an owner-occupier deal (33,000 m²) by IKEA on the former Opel factory site in Rüsselsheim, a lease agreement with a logistics service provider of a good 31,000 m² in Rodenbach and two further leases of more than 20,000 m² each in Gernsheim and Bodenheim. In addition owner-occupier Eichler-Kammerer in Dietzenbach contributed 18,000 m² to the take-up.

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