In the first half of 2026, the total take-up in the Greater Frankfurt area for the rental and owner-occupier market of industrial and logistics properties reached 245,400 sq m. Approximately 90% of this volume, corresponding to 221,600 sq m, was attributable to warehouse space. Office space accounted for 13,200 sq m (6%), while mezzanine space occupied 10,600 sq m (4%). The take-up for warehouse space was therefore almost at the level of the previous year's period, which stood at 220,600 sq m, and exceeded the current five-year average of 194,820 sq m by 14%.
The largest deals in the first half of the year were realised by Siemens, MSK Pharmalogistic, FedEx, Weetech, and IEDAU International. These five transactions totalled 107,760 sq m, accounting for 44% of the total take-up. Julian Petri, Managing Director of REALOGIS Immobilien Frankfurt GmbH, noted that the logistics market was clearly characterised by available existing properties. He expects stable demand for space for the remainder of the year but no significant upturn in new construction offerings. This means that modern, immediately available spaces in preferred locations will remain scarce, keeping rental levels high.
The prime rent in the first half of 2026 stabilised at EUR 8.50/sq m, a value already recorded at the end of 2025. This maintained the prime rent at its peak level and was 7% above the current five-year average of EUR 7.92/sq m. Following rent increases of 4% from 2022 to 2024 and 5% in 2025, the increase in the first half of 2026 was more moderate at 2%. Lease agreements for existing properties were market-determining in the first six months of 2026, accounting for 209,600 sq m or 86% of the total take-up. The deals by Siemens, FedEx, Weetech, and IEDAU International together contributed 41% to the take-up in this segment.
New buildings on former brownfield sites ranked second with 30,300 sq m (12%). The deal by MSK Pharmalogistic for 22,760 sq m was particularly significant here, representing three-quarters of the segment's take-up. New buildings on greenfield sites played a minor role with 5,500 sq m (2%). The market structure in the first half of 2026 was tenant-driven: 98% of the take-up (239,900 sq m) was attributable to rental agreements, while owner-occupiers contributed only 5,500 sq m (2%).
In terms of property types, 'other properties', which were neither classified as Big Box nor business parks, led the market with 126,200 sq m (51%). Big Box units followed with 71,300 sq m (29%), and business parks achieved 47,900 sq m (20%). The Rhein-Main-South region was the highest-performing sub-region with 150,400 sq m (61%). Three of the largest deals in the first half, including Siemens (41,000 sq m), MSK Pharmalogistic (22,760 sq m), and IEDAU International (13,000 sq m), were located in this area and contributed 51% to the regional take-up. Rhein-Main-East followed with 40,000 sq m (16%), with the Weetech deal for 15,000 sq m accounting for 38% of the regional take-up. Rhein-Main-North recorded 27,300 sq m (11%), with FedEx (16,000 sq m) contributing significantly at 59%. Rhein-Main-West transacted 18,200 sq m (8%), while Frankfurt (8,400 sq m, 3%) and Mainz/Wiesbaden (1,100 sq m, 1%) had the lowest take-up.
The industrial/production sector ranked first among user industries with 132,400 sq m (54%). The deals by Siemens, FedEx, and Weetech totalled 72,000 sq m and were responsible for 54% of the sector's take-up. Logistics/freight forwarding followed with 87,900 sq m (36%). The transactions by MSK Pharmalogistic for 22,760 sq m and IEDAU International for 13,000 sq m together accounted for 41% of the sector's take-up. The collective category 'other' showed a take-up of 14,800 sq m (6%), while traditional retail companies leased 10,300 sq m (4%). No deals were recorded in the e-commerce sub-segment in the first half of 2026. Large units from 10,001 sq m dominated the market with 130,600 sq m (53% market share), with the five largest contributors generating 83% of this segment's take-up.
