RISING DEMAND PROVIDES A GOOD START TO THE YEAR
-
The Stuttgart market for logistics and warehouse space is off to a dynamic start to the year, building on the good final quarter of 2025 with take-up of 69,000 sqm. Thanks to a major contract, the result is around 60% above the 10-year average, and the previous year's result was almost tripled.
-
Even though this single major contract from an industrial company in the northern market area with over 30,000 sqm was particularly effective in terms of take-up, a high number of contracts testifies to a fundamental increase in demand. The result is all the more positive because the supply of available space has been declining for some time. Especially in the new-build segment, there is hardly any supply available at short notice. This is also evidenced by the share of new construction in take-up: as in the same period last year, no take-up has yet been recorded in this market segment. With the nearer completion of a few speculatively built projects in the course of the year, this share is likely to increase.
-
The shortage of supply is also reflected in the development of rents. The prime rent had already risen by 2% to €8.70 per sqm by the end of 2025. The average rent has increased even more sharply in the same period (+5%) and currently stands at €6.80 per sqm. In the 1st quarter, rents stabilised.