Industrial and logistic warehousing vacancy rates in Europe 2024, by city
Vacancy rates across the key logistics hubs in Europe remained low in the second quarter of 2024, with Munich recording vacancy rates for warehouses and distribution centers as low as 1.2 percent. Vacancy rates show the share of vacant space in a particular market. With the popularity of consumer e-commerce on the rise, the demand for high-quality logistics spaces also increases, leading to a growing competition among occupiers and upward pressure on rents.
