The logistics real estate market is booming, having followed a dynamic growth trajectory throughout Europe in recent years and experiencing a sustained upturn. Cushman & Wakefield Research & Insight forecasts average annual growth of 1.6 percent in prime rents in the European markets.
Germany is the most important market in Europe
Around 25 percent of total logistics sector turnover in Europe (€1.05 billion/$1.22 billion) is generated in Germany. This, along with the country’s location and size, infrastructure quality, and logistics technology, makes it the most important logistics market in Europe. This is also reflected in the demand for modern logistics and storage space. Take-up in Germany in the first half of 2018 reached a record level of 3.34 million square meters (35.95 million square feet).
“Assuming the enduring strength of the economy and ongoing supply chain restructuring in the manufacturing and trade sectors, we expect