INCREASING MARKET MOMENTUM IN THE THIRD QUARTER
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The Leipzig warehouse and logistics market recorded a take-up of 226,000 sqm in the first three quarters of 2025. This result significantly exceeded the previous year's figure by 24%. The long-term average (10 years: 218,000 sqm) was also surpassed. After a rather moderate half-year take-up overall, the last quarter stands out particularly positively with an above-average result of 139,000 sqm.
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However, it should be noted that the third quarter was largely dominated by one large-scale lease in the mid five-figure range in terms of square metres, which somewhat obscures the moderate level of demand. This is because the difficult overall economic situation has not yet improved in the long term. All sectors continue to be affected by the decline in demand in the Leipzig market area, with the exception of electric mobility and e-commerce from Asia.
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While demand continues to outstrip supply in central locations, extensive space is available in the periphery due to the completion of several speculative new construction projects.
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Against the backdrop of the difficult market environment and the existing supply surplus, rental prices are under downward pressure. At the beginning of the year, prime rent fell slightly to €5.70 per sqm and has been moving sideways ever since. By contrast, the average rental price has remained stable at €5.10 per sqm since the fourth quarter of 2024.