Insight
Germany Industrial Market Dynamics, H1 2025
Summary and analysis of the current situation in the logistics and industrial real estate market in Germany
In the first half of 2025 warehouse and logistics space take-up stands at 2.76 million sq.m., matching the level of the previous year.
However, this is 20% below the five-year average.
After some significant changes in recent years, prime rents remained stable in 18 out 20 regions at mid-year.
With an investment transaction volume of € 2.4 billion, the previous year's result was missed by 24%. Compared to other asset classes, logistics ranks fourth with a 16% share of the total German investment transaction volume, after Living (30%), Retail (19%) and Office (18%).
The prime yields rose by ten basis points in the second quarter.