Industrial property lease - prime rents by property type Germany 2019

This statistic presents the headline rents of leased industrial properties in selected cities of Germany, listed by type of property: warehouse and logistics & distribution space, as of the 1st half of 2019. Prime headline rents are calculated for units of standard size and highest quality (Grade A) in the best location of the market. At that time, prime rental prices of prime warehouse space in Munich amounted to 10.5 euros per square meter per month, and for the logistics & distribution spaces, 7.2 euros per square meter per month.

Prime rental prices of leased industrial properties in Germany as of 1st half 2019, by city (in euros per square meter per month)

Characteristic	Warehouses	Logistics&Distribution
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Release date

June 2019

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Region

Europe, Germany

Survey time period

1st half 2019

Supplementary notes

Source mentions the following definitions:

'CITY WAREHOUSE SPACE: The Prime Warehouse Headline Rent represents the top open-market tier of rent that could be expected for a unit of standard size commensurate with demand for units up to 3,000 sq m, of the highest quality and specification (Grade A) in the best location in the market at the survey date. Warehouse Units would typically be 1,000 sq m- 2,999 sq m with up to 15% office space, the balance being general warehousing/logistics/distribution space ith at least 6 to 10 metre ceiling heights.'

'LOGISTICS & DISTRIBUTION SPACE: The Prime Log&Dist Headline Rent represents the top open-market tier of rent that could be expected for a unit of standard size commensurate with demand for units over 3,000 sq m or greater, of the highest quality and specification (Grade A) in the best location in the market at the survey date. Warehouse Units would typically include up to 10% office space, the balance being general warehousing/logistics/distribution space with at least 6 to 12 metre ceiling heights. All loading is dock-height.'

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