TAKE-UP INCREASES SIGNIFICANTLY COMPARED TO THE PREVIOUS YEAR
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The Munich warehouse and logistics market achieved take-up of 266,000 sqm in 2025. This implies an increase of 26% compared to the previous year and just misses the ten-year average (-4%). Overall, there was greater demand than in 2024, which led to a much higher number of contracts. The third quarter was particularly strong in terms of take-up, in which a good half of the result was generated alone. The two largest contracts of the year also fall into this period: The two trading companies TTI and Repa leased around 29,700 sqm of logistics space in Maisach and around 25,300 sqm in Unterschleissheim. Both deals, brokered by BNP Paribas Real Estate, were signed in new-build properties.
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These two large-scale contracts account for a significant share of take-up. However, the very good result is based on broad demand, both in the distribution of take-up by size category and by sector. It is pleasing to see that this demand was met by corresponding supply – after all, this is often a limiting factor on the Munich logistics market.
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Meanwhile, the rent level continued to rise in the second half of the year. While the prime rent has risen by 7% year-on-year to €11.25 per sqm, the average rent has risen by 10% to €9.90 per sqm.