RECORD TAKE-UP PERFORMANCE
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With 201,000 sqm of take-up recorded in the first half of the year, the Stuttgart logistics and warehouse market more than quadrupled the previous year’s result and has already surpassed the full-year take-up volumes achieved in each of the last three years. This exceptional record performance was driven primarily by three major transactions. While a manufacturing company had already signed a lease for more than 30,000 sqm in Pleidelsheim during the first quarter, Daimler Truck acquired almost 50,000 sqm in Neuhausen auf den Fildern for owner-occupation in the second quarter. In addition, the REWE Group expanded its existing facility in Bondorf by acquiring existing warehouse space and undertaking refurbishment measures, adding approximately 32,000 sqm for owner-occupation. Taken together, these three transactions account for more than half of total take-up.
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Beyond these landmark deals, market activity has generally strengthened, particularly in the size categories up to 8,000 sqm, where take-up has already reached a high level. Supported by very dynamic leasing activity in these segments, take-up volumes are currently running above the long-term average.
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Rental levels remained stable in the second quarter following notable growth at year-end 2025. At that time, the prime rent increased by 2% to €8.70/sqm/month, while the average rent rose by almost 5% to €6.80/sqm/month.