MARKET MOMENTUM STILL MODEST IN Q1
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With take-up of 20,000 sqm in the first quarter of 2026, Leipzig's logistics market is significantly below last year's good result (-73%). While in the two previous years high take-up was achieved early in the year through large-scale lease agreements, no contract over 8,000 sqm has been registered so far, which explains the overall low result.
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In principle, looking at a single quarter provides only a snapshot due to natural market fluctuations. Nevertheless, the effects of the persistently weak economy and the existing geopolitical risks have also been clearly felt in Leipzig in recent months. On the one hand, demand is somewhat subdued overall, and on the other hand, ongoing leasing processes continue to take longer than they did a few quarters ago. Against this backdrop, take-up in the first three months was almost two-thirds below the average of the last ten years.
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Due to the relatively large amount of available space in the entire market region and the currently subdued demand, prime rent continues to be under pressure. Nevertheless, it stands stable at €5.70 per sqm. The average rent also shows no change compared to the previous year and remains at the level of €5.10 per sqm.