Markets

Research, market opinions and commentaries on the various asset classes, segments and regions.

Analysis Article Comment Discussion Forecast Infographic Interview Monthly News Podcast Quarterly Report Survey Video Weekly Whitepaper

All posts in this category

Secondaries: Wenn um langfristige Kapitalbindung ein Markt entsteht

Comment Weekly

Secondaries: When a market emerges around long-term capital commitment

The global secondaries market reached record volumes in 2025, but it does not simply make private markets liquid. Instead, an infrastructure is being created for orderly entry and exit of long-term tied capital. Artificial intelligence is likely to accelerate this development even further.

by Tobias Moroni | Institutional Investment Partners

News Quarterly Report

Frankfurt: Logistics leasing market achieves strong half-year result

Frankfurt's logistics leasing market reached a strong level in the 1st half of 2026, driven by Asian demand and large-scale requests from e-commerce and automotive, among others. New buildings are in demand; the scarce supply is increasing the pressure on existing rents.

by Colliers

Markets Real Estate

Analysis News Quarterly Report

Hamburg: Flächenmangel begrenzt Marktdynamik

In H1 2026, Hamburg's logistics real estate market will continue to be characterised by a shortage of space; despite several applications, take-up of more than 20,000 m² is below the previous year's level. contract extensions are increasing, Asian demand is growing, production is slowing down; Investors focus on single assets

by Colliers

Markets Real Estate

Analysis News Quarterly Report

Leipzig: Delayed decisions slow down the logistics market

Leipzig's logistics real estate market remained below average in the first half of 2026. Uncertainties delayed rentals; demand is shifting to production, aviation and logistics. A revival is expected in the second half of the year; in some cases, top rents are exceeded.

by Colliers

Markets Real Estate

News Quarterly Report

Düsseldorf: Robust demand supports the logistics market

In the 1st half of 2026, Düsseldorf's logistics real estate market held its own at the previous year's level and was above the five-year average, driven by new buildings and the owner-occupier settlement of Mercedes. Asian tenants are returning; Build-to-suit is decreasing. Invest: Shaping "The Tube" and brownfields.

by Colliers

Markets Real Estate

News Quarterly Report

Cologne: Strong first half of the year amid slowing momentum

The Cologne industrial and logistics leasing market exceeded the previous year's result in the first half of the year, driven by the strong start to the year. As the game progressed, the momentum slowed down; high rents, longer decisions and uncertainty dampened demand. Asian users remain important.

by Colliers

Markets Real Estate

News Quarterly Report

Berlin: Slight revival in demand meets high supply of space

Berlin's logistics market picks up slightly in the 1st half of 2026: demand increases moderately, take-up remains below the previous year. High space availability characterizes the market; rents are rising in the inner city, but they are under pressure in the surrounding areas. The investment market remains subdued due to uncertainties.

by Colliers

Markets Real Estate

News Quarterly Report

Munich: Solid market activity with stable demand

The Munich logistics leasing market achieved a solid result in the first half of the year: a strong start to the year, a slowdown in the second quarter. Several deals are imminent, supply is likely to fall. New projects and demand from robotics and defense-related areas are stimulating.

by Colliers

Markets Real Estate

News Quarterly Report

Stuttgart: Significant recovery after weaker years

The Stuttgart logistics market achieved above-average take-up in the 1st half of 2026 after three weak years. Demand shifted to smaller areas, supply increased; Rents could therefore calm down, while the investment market remained weak.

by Colliers

Markets Real Estate

Analysis

According to GARBE Industrial, Benelux and northwestern Germany are benefiting in particular from the military logistics boom in Europe

A white paper by GARBE Industrial shows that Benelux and northwestern Germany are particularly benefiting from the increasing demand for military logistics in Europe. Rotterdam, Antwerp and Amsterdam; in Germany: Karlsruhe/Mannheim, Duisburg, Hamburg and Hanover. The basis is the Defence LOFIN Score.

by GARBE Industrial

Markets Real Estate

Analysis

NAI apollo: Logistics space market in the Rhine-Main region with increase in take-up in mid-2026

NAI apollo reports take-up of 132,800 sqm for the Rhine-Main logistics space market in Q2 2026; 226,100 sqm in the first half of the year (+7% compared to the previous year). Large areas >10,000 sqm make up around 53%, the share of new construction is 11%. Demand high, outlook restrained due to the economy and risks.

by NAI apollo

Markets Real Estate

News

REALOGIS: Lettings of existing buildings dominated Frankfurt’s industrial and logistics real estate market in the 1st half of the year

REALOGIS reports take-up of 245,400 m² in the Frankfurt area for H1 2026, 86% of which will be in existing properties. The prime rent remains at €8.50/m²; the turnover of hall space is 14% above the 5-year average. The largest user group is industry/production (132,400 m²).

by REALOGIS

Markets Real Estate

Comment

Upturn in housing construction remains a wish and theory / pact for property to fill with life now!

Destatis reports 21,000 approved dwellings in May, +24.7% compared to the previous year. Nevertheless, the IVD warns: There can be no talk of a recovery, there is a lack of orders, and many permits are not being realized. A "pact for property" with a waiver of real estate transfer tax is demanded.

by Immobilienverband Deutschland IVD Bundesverband e. V.

Markets Statements

News

JLL: Positive outlook stabilises Difi financing index

The German Real Estate Financing Index (Difi) stabilised at minus 8.0 points (+1.1) in Q2 2026. The current situation is weak (−15.6), and expectations are almost neutral (−0.3). LTVs are rising, value-add margins are falling; Logistics increases, office weak with comeback hopes.

by JLL

Markets

Analysis Quarterly Report

German industrial and logistics real estate market proves robust in the first half of 2026

CBRE reports take-up of around 3 million m² in the German industrial and logistics market for H1 2026 (+11% yoy). Big box vacancy fell to 4.6%, prime rents rose. E-commerce demand is increasing; stable demand and further rent pressure are expected for H2.

by CBRE

Markets Real Estate

Analysis

Cost inefficiency in the Big 7: This is how much commercial vacancies cost in Germany’s metropolises

An analysis by ebuero quantifies the cost inefficiency due to commercial vacancies in Germany's Big 7. Munich records 119.6 million euros with 1.99 million m² and prime rents, Berlin up to 92.2 million euros. In terms of ratings, Düsseldorf is in the lead (11.6%), Cologne and Stuttgart are more efficient.

by ebuero

Markets Real Estate

Pressemitteilung Colliers 2025 (Bildrechte: Colliers)

News

The Life Science Real Estate Market in a New Market Phase

Colliers and ESPG publish an update of their market study on the German life science real estate market. In H1 2026, sales of EUR 112 million were achieved, close to the full year 2025. AI is driving demand; long-term leases support stable cash flows.

by Colliers

Markets

Analysis Quarterly Report

Office real estate investment market grew significantly in the first half of 2026

The German office investment market picked up in the first half of 2026: the transaction volume rose to around EUR 3.5 billion (+66% compared to 2025), driven by large individual deals. Munich led, B locations increased; Prime yields mostly stable with slight upward pressure.

by CBRE

Markets Real Estate

News

REALOGIS: Stuttgart’s logistics real estate market leaves weak previous years behind

In the first half of 2026, Stuttgart's logistics and industrial real estate market picked up significantly: take-up reached 129,500 m², of which 118,100 m² were halls (+191% compared to H1 2025). The prime rent rose to €8.70/m². Large-scale deals returned, industry/production dominated.

by REALOGIS

Markets

Analysis

JLL: Investors focus on food retail and retail parks

JLL reports a retail investment volume of EUR 2.29 billion in H1 2026; Q2 was significantly weaker at EUR 850 million (−40% compared to Q1). Investors focus on food retail and retail parks, top yields stable. A revival is expected for H2.

by JLL

Markets Real Estate

Analysis

JLL: Rental market in the retail sector shows continued restraint

The retail letting market remains subdued: 94,400 m² were let in Q2/2026 (-13% compared to Q1), H1 totalled 203,300 m². Berlin leads with 31,200 m² and 51 deals; international concepts account for 61% of the volume. Prime rents largely stable, Nuremberg -15.4%.

by JLL

Markets Real Estate

Quelle: Gutachterausschuss Berlin, MSI Research 2026

Analysis

Apartment building market report by SCHICK IMMOBILIEN: Berlin rental house prices stabilize – Significant recovery in purchase cases and transaction volume

In the Berlin QII 2026 apartment building market report, SCHICK IMMOBILIEN reports a stabilization of rental house prices. The transaction volume rose to €901.6 million (+47%), while the number of purchases rose to 179 (+8%). Pankow leads in terms of deals and volume; WGH prices +11%.

by MICHAEL SCHICK IMMOBILIEN GmbH & Co. KG

Markets Real Estate

Analysis Quarterly Report

Logistics market in the Ruhr region: with top balance sheet for clear leadership in location ranking

By mid-2026, the Ruhr logistics market reported 280,000 m² of take-up, exceeding the previous year (+39%) and the 10-year average (+23%). With around 183,000 m², logistics companies account for a good 65%. Prime rents stable up to €8.00/m²; Demand from e-commerce remains high.

by BNP Paribas Real Estate

Markets Real Estate

Analysis Quarterly Report

Düsseldorf logistics market: more than a third above the long-term average

The Düsseldorf logistics market recorded around 161,000 m² of take-up in the 1st half of 2026 – around 34% above the long-term average. Q2 is delivering approximately 95,000 m², driven by four deals >10,000 m². Prime rents stable up to €8.70/m², Ø €7.00/m²; Outlook positive.

by BNP Paribas Real Estate

Markets Real Estate