STUNNING CATCH-UP IN THE SECOND QUARTER
After a restrained start into the year, the Leipzig warehouse and logistics space market is picking up speed and achieved a take-up of 116,000 m² by the middle of the year. This means that the volume of the first quarter was more than tripled and that an above-average result (+6%) was reached in a 10-year comparison. On the one hand, this positive development was due to a number of large deals, most of which were still missing in the first three months of the year, and on the other hand, owner-occupiers are now increasingly participating in the market. This development is also reflected in the fact that an owner-occupier with a space of 26,000 m² in the outer periphery is responsible for the largest deal of the year so far. The dynamism of the market is also reflected in the extraordinarily high share of take-up accounted by new buildings, which is almost 82% and thus the highest ever recorded.
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