BNP Paribas Real Estate publishes market data for Q2 2026
At mid-2026, the Düsseldorf logistics market can look back on very lively letting activity in the first six months: with take-up of around 161,000 m², it was able to confirm the excellent balance sheet from the same period last year (166,000 m²). The logistics region of the NRW metropolis is currently characterized above all by a high degree of consistency: In the isolated consideration of individual annual periods, for example, predominantly above-average quarterly sales have already been generated since Q3 2024. However, the very good performance is not only reflected in the temporal comparison, but also in the location comparison – with an increase of 34% compared to the average half-year results since 2017, Düsseldorf is the most clearly above its long-term average among the top markets. This is the result of the analysis by BNP Paribas Real Estate.
One of the driving factors behind the brisk market activity and the dynamic second quarter (around 95,000 m² alone) are the four major leases in the 10,000 m² or more category that were concluded in the last three months. These include GV Logistik (12,400 m²; Mönchengladbach) and DFSJ (12,100 m²; Düsseldorf) on the one hand two logistics service providers as well as Solago (12,000 m²; Düsseldorf) and Amazon (10,000; m² Düsseldorf) on the other hand.
“After increases last year, rents have been stable so far this year and confirm their already high level. At its peak, premium properties currently cost up to €8.70/m² and an average of €7.00/m²,” says Christopher Raabe, Managing Director and Head of Logistics & Industrial at BNP Paribas Real Estate GmbH.
Logistics company again very strong in sales
The sales distribution of the overall result shows in an even clearer form what can also be observed in the nationwide logistics market: Logistics service providers are clearly at the top of the industry ranking (proportionally around 61%). With take-up of over 98,000 m², they fell short of their previous year’s volume, but were able to impressively underpin their high demand impulses with the second-best result in history. In addition to the four larger-volume deals in the segments between 12,000 and 20,000 m², they were also able to book several smaller and medium-sized contracts in the classes below, which underlines the current broad demand of this user group.
Retail companies account for a further almost 19% and a good 30,000 m², which corresponds to the highest half-year take-up since 2023. Especially against the background that logistics service providers are currently focusing on companies that handle the logistics business for e-commerce players, this balance can also be rated as good. With a few, but mostly smaller deals, the industrial sector is also represented, accounting for almost 14% of sales.
A look at the size classes is remarkable: Düsseldorf, for example, managed to achieve the very good take-up at mid-year without a deal with over 20,000 m² – in the previous year, this category accounted for a share of just under 39% with a similar volume.
Prospects
“As in the same period last year, the Düsseldorf logistics market can once again attract attention in 2026 with a very pleasing performance. Especially against the backdrop of the fact that the good demand situation is unlikely to change in the short term, especially among Asian users from the e-commerce and logistics sector, the market in the North Rhine-Westphalian state capital is well positioned for the third quarter,” explains Bastian Hafner, Head of Logistics & Industrial Advisory at BNP Paribas Real Estate GmbH.
The high volume of new construction in terms of take-up should also be emphasised positively, reaching an above-average figure of just under 53,000 m² compared to the location. Overall, just under a third of the result was generated in new properties and around two-thirds in existing properties, indicating a healthy supply-demand ratio. This is also supported by the fact that a good 50% of the registered deals were concluded in the highly sought-after locations within Düsseldorf’s core area. Even if supply could become somewhat scarce again in the future, especially in the most attractive sub-locations, expiring leases, sublet space and individual new developments continue to provide additional supply potential.
In the case of prime rents, a stable development for the rest of the year is the most realistic scenario, while the focus on modern space could well lead to slight increases in average rents.
