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Germany: Logistics Leasing H1 2020

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The TOP 8 industrial and logistics real estate markets in Germany generated a take-up of around 1.2 million sqm, which was approx. 3 % below the average of the last three years. As a result of the Covid-19 crisis, some of the logistics regions recorded below-average take-up because market players remain hesitant to make decisions. The problem of the severe supply bottleneck is still a topic and another factor slowing down the take-up in some logistics markets. 
In the first half of the year prime and average rents remained largely unaffected by the Covid-19 crisis and managed to match the prices recorded in the previous quarter despite temporary defaults on rents and subdued demand. The only exception to this general rent trend is to be found in the Düsseldorf logistics region where prime rents were up a slight despite the pandemic. 
lt remains to be seen, what lasting effects the Covid-19 crisis will have on the logistics markets. 


Germany: Logistics Leasing H1 2020

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Susanne Kiese

Head of Market Intelligence & Foresight | Düsseldorf


Susanne joined Colliers International Holding GmbH in February 2016 as Head of Research Germany. Before, she worked as a Senior Research Analyst for Hypothekenbank Frankfurt / Eurohypo, a specialist bank for real estate and public finance for almost 12 years. Susanne was also Research Analyst with Deutsche Gesellschaft für Offene Immobilienfonds (DEGI) GmbH, the property related investment company of Allianz Dresdner Property Group (now part of Aberdeen). 

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Anna Owczarek

Senior Consultant


Anna joined Colliers International in February 2020  after working as a Research Market Analyst at International Campus in Munich.

She is responsible for monitoring and analyzing the German industrial & logistics real estate market and supports our industrial & logistics letting and investment brokers with detailed market information. Besides this she compiles market reports and additional location and market analysis.  

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