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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

Whitepaper

Capcora and suena energy publish white paper on financing battery storage projects

Capcora and suena energy publish a white paper on the financing and marketing of battery storage projects. It analyzes bankability criteria, revenue models and risk distribution, including a case study. The download will be available from July 15, 2026.

by Capcora GmbH

Christian Kah Quelle: Colliers

Analysis Quarterly Report

Asian users shape core markets in the German industrial and logistics leasing market

The German industrial and logistics leasing market grew to 3.8 million m² (+28% year-on-year) in H1 2026; Large deals returned. Asian occupiers accounted for 11% of take-up. In the top 8, demand and rents remained stable or rising, especially in Frankfurt.

by Colliers

Markets Real Estate

Stefan Imken, Geschäftsführer der REALOGIS Immobilien Hamburg GmbH. Bildquelle: REALOGIS

Analysis Quarterly Report

REALOGIS: Hamburg’s market for logistics and industrial properties is slowing down, rents continue to rise

REALOGIS reports 193,900 m² of take-up in Hamburg for H1 2026, 85% of which is halls – a decrease of 20% compared to the previous year. The average rent rose to €7.30/m², the prime rent to €8.50/m². E-commerce drove trade, owner-occupiers stayed away.

by REALOGIS

Markets Real Estate

Analysis

Munich logistics market: take-up increases year-on-year, shortage of supply remains visible

The Munich logistics market achieved 85,000 m² of take-up in H1 2026, +42% compared to the previous year; Q2 was more moderate at 28,000 m². High demand meets persistent supply shortage; Prime rent €11.25/m² (+7%), average €9.90/m² (+10%). Prospects positive, despite uncertainties.

by BNP Paribas Real Estate

Markets Real Estate

Foto von Ditmar Lange auf Unsplash

Analysis Quarterly Report

Düsseldorf investment market: 34% increase in turnover compared to H1 2025

BNP Paribas Real Estate reports a transaction volume of €749 million for the Düsseldorf investment market H1 2026, +34% compared to the previous year. Major deals such as the Dreischeibenhaus drove the dynamic; office leads, logistics and retail strong. Prime yields: office 4.65%, logistics 4.60%.

by BNP Paribas Real Estate

Markets Real Estate

Symbolische Darstellung eines Wendepunkts am Immobilienmarkt: Eine Person steht vor der Wahl zwischen Warten und Handeln, im Hintergrund Skylines und Baustellen. Bildquelle: Nicht angegeben

Analysis Comment Weekly

Is this the turning point in the real estate market?

JLL and CBRE report a higher transaction volume for H1 2026 (JLL: EUR 17.6 billion, +15%; CBRE: €16.2 billion, +13%). Nevertheless, pricing is inconsistent; the market is becoming broader, but remains selective. Rising opportunity costs are driving deals.

by Tobias Moroni | Institutional Investment Partners

Markets Real Estate Real Estate

Comment

Market commentary: The selective market phase favors prepared buyers

In the residential investment market, there is currently more choice and fewer bidders per property. Deals remain stable, and competitive and time pressure decreases. Buyers with clarified financing have an advantage; those who act now increase their chances.

by MICHAEL SCHICK IMMOBILIEN GmbH & Co. KG

Markets Statements

News

JLL: Nuremberg’s office market benefits from larger lettings

The Nuremberg office letting market achieved 65,500 m² of take-up in H1 2026 (+9% year-on-year), driven by a strong Q1 (51,900 m²), while Q2 slowed (13,600 m²). vacancy rate rose to 9.4%; Top rent 19.50 €/m². View: 100,000 m² and 20.00 €/m².

by JLL

Markets Real Estate

Analysis Quarterly Report

Nationwide take-up with considerable increase (23%) – numerous large-scale contracts and logistics service providers as drivers

According to BNP Paribas Real Estate, the German warehouse and logistics market generated around 3.3 million m² of take-up in the 1st half of 2026 (+23% year-on-year). Large-scale deals of 20,000 m² or more and logistics service providers (44% market share). Prime rents mostly stable; Munich 11.25 €/m².

by BNP Paribas Real Estate

Markets Real Estate

Symbolbild Quelle: Gemini (KI)

Discussion

European residential real estate markets offer attractive opportunities – lack of supply remains key driver of returns

A webinar by a.s.r. real assets, CapMan Real Estate, KINGSTONE Residential Investments and Savills IM shows that supply remains scarce in Germany, the Netherlands, Scandinavia and Spain. Rising rents and stable yields are attracting institutional investors.

by a.s.r. real estate

Markets Real Estate

Article Comment Discussion Report

Clean power: A market in transition

Clean power infrastructure has moved beyond simply “build more renewables”. The sector is now driven by a more complex interaction where dispersion is rising by country, by technology, and by contract structure. Here, expertise is increasingly rewarded, and specialist underwriting is critical.

by Miriam Uebel | L&G

Energy Infrastructure Markets

Kölner Investmentmarkt im 2. Quartal kleinteiliger strukturiert – Anstieg der Spitzenrendite in allen Assetklassen

Analysis Quarterly Report

Cologne investment market structured more fragmented in the 2nd quarter – increase in prime yield in all asset classes

The Cologne investment market recorded €349 million in H1 2026 (+12% year-on-year), but remains 43% below the long-term average. Q2 brought only €93 million and smaller deals; Office dominates. Prime yields are rising: logistics/office 4.60%, commercial buildings 4.00%.

by BNP Paribas Real Estate

Markets Real Estate

Analysis Quarterly Report

Essen office market in the first half of 2026

The Essen office market generated only around 25,000 m² in the 1st half of 2026 (-22% compared to the previous year). 52 leases were registered, and there were no major deals for more than 3,000 m²; Weststadt reaches approx. 21 %. Prime rent 16.50 EUR/m², outlook restrained.

by CUBION Immobilien AG

Markets Real Estate

Analysis Quarterly Report

Stable demand supports Bremen’s logistics real estate market

In Bremen's logistics and industrial market, around 113,000 m² was taken up in the 1st half of 2026; demand remains stable. Prime rents at €6.75/m², contracts are getting shorter. Production/Light Industrial dominate; approx. 240,000 m² are expected for 2026.

by Robert C. Spies KG

Markets Real Estate

Analysis Quarterly Report

Operator quality as the key to value creation – operational strength moves into the focus of investors

The German hotel market will remain robust in the 1st half of 2026: around EUR 625 million transaction volume, stable demand and dynamic segments such as serviced apartments. Investors are focusing more on operator quality and contract structures; international interest is increasing.

by Colliers

Markets Real Estate

Statements zum Berliner Wohnmarkt

Analysis Forecast

Statements on the Berlin housing market

Four industry experts discussed the situation of Berlin's residential real estate market on 8 July 2026. They emphasize attractiveness and available capital, but demand planning security, faster approvals and less regulation. New construction is considered a central lever.

by Engel & Völkers Commercial Berlin
BEB+
DRIVEN
PRIMUS Immobilien

Markets Real Estate Statements

Comment Report

BID criticizes short-term conversion of BEG funding: Housing construction and renovation need reliability

The BID criticises the short-term conversion of KfW BEG funding from 21 July 2026. New BzA confirmations are not possible until then; Applications only with an existing BzA ID until 20 July, 8 p.m. The BID calls for reliability and transparent transitions.

by Bundesarbeitsgemeinschaft Immobilienwirtschaft Deutschland (BID)

Markets Real Estate Statements Statements

Article Report

The office becomes a product.

The office property is undergoing a transformation. But while the discussion in recent years has mainly revolved around working from home, ESG or declining demand for space, another trend is emerging in the background that has the potential to fundamentally change office leasing.

by Merle Aldegarmann | WiredScore GmbH

Markets Real Estate

Analysis Quarterly Report

Dortmund office market: average take-up result for the first half of 2026

The Dortmund office market recorded take-up of 44,000 m² at the end of the first half of 2026, which is in line with the long-term average, but 32% below the previous year. Top rent: €23/m² (+15%). Vacancy rate 4.8%, construction volume 31,000 m², pre-letting 48%.

by BNP Paribas Real Estate

Markets Real Estate

Analysis Quarterly Report

Dortmund office market 1st half of 2026: Rental market is growing – vacancy rate continues to decline

The Dortmund office market recorded around 44,500 m² of take-up in the 1st half of 2026 – entirely through lettings; the letting performance increased by approx. 9%. The vacancy rate fell to 4.2%. 68 leases, largest deals: Jobcenter (6,300 m²) and Amazon (5,500 m²).

by CUBION Immobilien AG

Markets Real Estate

Analysis Quarterly Report

JLL: Public sector drives office turnover in Rhine-Neckar region

The Rhine-Neckar office market closes H1 2026 with around 30,000 m² of take-up. Driven by the public sector: among other things, 10,000 m² for a new town hall in Ludwigshafen; Mannheim 12,000 m². Prime rents are stagnating (Mannheim €22.50/m², Heidelberg €19.50/m², Ludwigshafen €14/m²).

by JLL

Markets Real Estate

Analysis Quarterly Report

JLL: Investment markets in German metropolises with different dynamics

JLL reports transactions of over 6.5 billion euros (+10%) in the seven top cities for the first half of 2026. Hamburg grows strongly (1.59 billion, +59%), Düsseldorf benefits from three major deals; Frankfurt weak (530 million). Logistics yields stable, prime office yields are rising.

by JLL

Markets Real Estate

Analysis Quarterly Report

JLL: Hotel investment market sets its sights on the two billion euros

In the first half of 2026, the German hotel investment market generated around EUR 741 million (−18% compared to 2025), partly through the Penta portfolio (approx. EUR 275 million). Demand remains high, with international investors accounting for over 50%. JLL expects a total volume of around two billion euros in 2026.

by JLL

Markets Real Estate