Berlin’s industrial and logistics real estate market makes a strong comeback in the first half of 2025

After a subdued period last year, both occupiers and investors are showing renewed activity, signalling a sustainable market recovery. With a take-up of around 215,000 m², the first half of 2025 delivered an exceptionally strong performance.

Compared to the same period last year (116,000 m²), this represents almost a doubling (+85 %). The result returns to the mid-term average range, indicating a normalisation of demand at a high level.

Take-up distribution shows a fundamental shift

While demand within the city limits declined significantly, the focus moved heavily to the surrounding areas, which accounted for 86 % of total take-up. Key submarkets were the East (33 %), followed by the South and West (19 % each), and the North (15 %).

Market activity was driven largely by high-volume single deals, including an owner-occupier project of 60,000 m². Within the city itself, only 14 % of take-up was recorded. The main occupiers were retail (64 %), followed by manufacturing (23 %) and the transport/logistics sector (10 %).

The share of newly completed space increased significantly: 120,400 m² of new construction was immediately absorbed, representing 56 % of total take-up, compared to just 24,000 m² in the same period last year.

Rental prices in EUR/m² depending on the type of use*

*The figures refer to average existing properties with a floor area of up to 3,000 m². Higher rents may be achieved for new constructions, premium-fitted properties, or locations in especially strong micro-markets.

This underscores the continued strong demand for modern, efficient logistics properties. Rents also increased: the average rent rose to €7.50/m², with prime rents climbing slightly to €8.30/m². The market dynamics in the first half of the year indicate a positive trend for the remainder of 2025. Demand for high-quality space is expected to drive further rent growth. For the full year, take-up of 360,000–380,000 m² is considered realistic—provided that activity in large deals and new developments continues.