Demand for large-scale logistics space is rising noticeably in the Düsseldorf region. Asian tenants, in particular, are providing fresh impetus and contributing to the record results after nine months. Space take-up has exceeded the levels seen during the COVID-19 pandemic. In the light industrial segment, however, demand is waning.
The low level of new-build activity, combined with a significant rise in demand, is leading to higher pre-let rates in available new-build projects. This trend could contribute to a further rise in prime rents. Additional enquiries are coming from the leisure sector, including from padel companies.
The strong momentum in the lettings market is also having a positive impact on the investment market. After nine months, the latter has achieved an above-average result.
