Monday, 6 July 2026
The Berlin logistics and industrial property market recorded take-up of approximately 211,000 sqm in the first half of 2026, according to REALOGIS.
Warehouse space accounted for 192,500 sqm, or 91% of the total, while office space represented 13,300 sqm (7%) and mezzanine space 5,200 sqm (2%).
Warehouse take-up increased by 21% year-on-year, rising by 33,500 sqm compared with the first half of 2025. However, it remained 31% below the five-year average of 277,180 sqm.
The five largest transactions accounted for 49% of total market activity. These included leases by JD Logistics (41,430 sqm), ASML (27,000 sqm), acut fulfillment (11,520 sqm), Capital Baustoffe (11,400 sqm) and FST Industrie (11,200 sqm).
Prime rents remained unchanged at €10.50 per sqm during the first half of the year, while average rents were stable at €8.10 per sqm. Both remained above their respective five-year averages.
Existing buildings accounted for the largest share of take-up, with 110,400 sqm, or 52% of the total. New developments on brownfield sites represented 91,200 sqm (43%), while new greenfield developments contributed 9,400 sqm (5%).
By property type, big-box logistics facilities led the market with 143,900 sqm, representing 68% of total take-up. Other industrial properties accounted for 34,100 sqm (16%), while business parks recorded 33,000 sqm.
Leased space represented 166,600 sqm, or 79% of the total, with owner-occupiers accounting for the remaining 44,400 sqm (21%).
Within the market, the Berlin urban area recorded the highest activity with 93,500 sqm, representing 44% of total take-up. Berlin South led the city’s submarkets with 47,900 sqm, followed by Berlin West (22,600 sqm), Berlin North (14,400 sqm) and Berlin East (8,600 sqm). Outside the city, southern Berlin’s surrounding area accounted for 87,800 sqm, while the western and northern surrounding regions recorded 15,300 sqm and 14,400 sqm respectively.
By occupier sector, logistics and distribution companies generated the largest share of demand with 78,100 sqm (37%), followed by retail and wholesale occupiers with 56,900 sqm (27%). Manufacturing companies leased 51,000 sqm (24%), while supply and other occupiers accounted for 25,000 sqm (12%).
Large warehouse units exceeding 10,000 sqm remained the dominant market segment, accounting for 102,550 sqm, or 49% of total take-up. Units between 3,001 sqm and 5,000 sqm represented 37,700 sqm, followed by premises between 5,001 sqm and 10,000 sqm with 33,400 sqm. Smaller units between 1,000 sqm and 3,000 sqm accounted for 30,400 sqm, while units below 1,000 sqm totalled 6,950 sqm.
