LOGISTICS MARKET IS RUNNING AT FULL SPEED
The positive momentum on the Berlin market for logistics and industrial space continued in the third quarter and even gained further momentum. In the previous quarter alone, approx. 137,000 m² was taken up (incl. owner-occupiers). This brings the take-up for the current year to 387,000 m², which means that the market is now moving at the same high level as in 2019. The recent result is not only almost 32 % higher in a year-on-year comparison, but also almost 29 % above the ten-year average. The latest take-up is all the more impressive as no deal with more than 20,000 m² of space was signed in the third quarter. The market is very active, particularly in the small and medium-sized space segment.