Investors continued to show strong demand at the end of 2015 in German logistics, however the low level of supply of modern, Grade A stock remains a key feature of the market. In a new report on Germany’s industrial sector, Cushman & Wakefield points out that the majority of the large logistics deals completed last year took place in the country’s top regional logistics hubs.
“A large proportion of logistics demand is being driven by online retailers, third party logistics operators and supermarket chains, although other sectors, including the automotive sector, are also showing good interest in large warehousing space,” wrote Cushman & Wakefield. The agency predicts that occupier demand will improve slightly in 2016, while prime rents are likely to remain largely unchanged.
More details in the attachment.
