At a Glance Q4 2020

Logistics market Munich

Logistikmarkt München


Even in times of pandemic, the Munich logistics and storage market is characterised by broad demand. With a take-up of 238,000 m², the record result of the previous year was missed very clearly (-43 %), but it must be taken into account that in 2019 more than half of the take-up was accounted for by only one deal. If one leaves this special effect out of the equation, it can be seen that the current result was 26 % higher than the previous year's figure adjusted for the large letting. The fact that the Munich market also performed well in the difficult year of 2020 is also underscored by the fact that the result is at the same level as 2018. This is all the more remarkable as Munich not only had to cope with an almost standstill in demand during the first lockdown - like all other locations - but was also particularly hard hit by the structural changes and weak business figures in the automotive sector. However, the resulting decline in demand was compensated for by other sectors.

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