JLL Q3 2026 Industrial & Logistics Market Insights
Authors
Mathieu Opsomer
Pierre-Paul Verelst
Valérie de Laminne
Our expert Mathieu Opsomer breaks down the key trends shaping Belgium’s industrial and logistics market.
The highlights:
Belgium's industrial and logistics market showed a strong resilience in 2026.
After a slow first half, Q3 brought a powerful rebound-take-up and the volumes jumped 37% year-over-year to over 400,000 square meters.
Major players made their moves. Skechers took 45,900 square meters in Herstal. JD Logistics secured over 65,000 in Willebroek.
What's behind this? Occupiers want quality buildings on prime locations. And they're willing to pay for it. Logistics rents rose by 7% in Antwerp, 14% in Brussels and 27% in Liège.
Belgium's advantages are clear: vacancy along the Brussels-Antwerp axis is just / only 4,06% - well below the European average.
Looking ahead, there's still room for ambitious projects. The sale of the Audi site in Brussels - led by JLL- is expected to complete by year-end, proving demand for large sites remains strong.
Belgium's industrial sector continues to offer real opportunities for the right projects.
About JLL
JLL (NYSE:JLL) is a leading global commercial real estate services and investment management company with annual revenue of $26.1 billion, operations in over 80 countries and a global workforce of more than 112,000 as of June 30, 2026. For over 200 years, clients have trusted JLL, a Fortune 500® company, to help them confidently buy, build, occupy, manage and invest across a variety of industries and property types, including office, industrial, hotel, multi-family, retail and data center properties. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAY. Powered by rich global datasets and leading technology capabilities, we provide coordinated, end-to-end delivery of real estate services for a broad range of global clients who represent a wide variety of industries. Through LaSalle Investment Management, we invest for clients on a global basis in both private assets and publicly traded real estate securities. For further information, visit jll.com.