In the first half of 2026, the take-up on the Berlin industrial and logistics property market totalled 170,300 square metres. This development represents a 25 per cent decrease compared to the previous half-year. Despite the reduced take-up, the vacancy rate for big-box properties decreased to 9.4 per cent at the end of the second quarter, thus returning to single digits after being higher at the end of 2025. A continued reduction in the vacancy rate is expected, as speculative new construction areas are currently hardly available.
The prime rent for logistics properties remained constant at 8.25 Euros per square metre. A positive rent development was particularly observed in inner-city areas. This is primarily due to the increasing challenge of finding smaller, available spaces in these locations. These findings are based on a current study by real estate services provider CBRE.
Colette Bodendorf, Team Leader Industrial & Logistics at CBRE in Germany, reports a rising number of search enquiries on the Berlin logistics property market, including for larger segments. However, most enquiries focus on smaller units. This can be explained by Berlin's economic structure, which is significantly shaped by medium-sized family businesses.
Sarina Schekahn, Managing Director and Head of Industrial & Logistics Leasing Germany at CBRE in Germany, points out that Asian traders are increasingly showing interest in the Berlin logistics property market. In the Berlin metropolitan area, high-quality spaces are available at attractive conditions, which may be relevant for these players.
A positive development in take-up is anticipated for the remainder of the year. The reduction of vacancies is also expected to continue. Ms Bodendorf notes that the Berlin logistics property market has passed its trough. As the capital and a significant economic region, Berlin remains a central market for investors and businesses, which will be reflected in upcoming leasing activities.
