Munich and Berlin continue to lead the price rankings by a clear margin
The logistics industry benefits from a high level of reliability on the German market: In the second quarter, the price spiral turned in only one of 20 markets analysed – namely by a minimum of three percent in the Kassel/Bad Hersfeld region, where 6.70 euros per month are now charged per square metre. However, there were no decreases in rents in any region. JLL is analysing areas with more than 5,000 m² for this purpose.
In a year-on-year comparison, there are still six markets in which rent increases were recorded. Among them, Bremen has the highest growth of around 15 percent. Kassel/Bad Hersfeld is also up by double digits with around ten percent. This is followed by Dortmund with around seven percent and Dresden with about six percent. In Frankfurt, rent growth was around four percent and in Munich three percent. Prime rents remained stable in fourteen markets.
The highest rents of eleven euros per square metre per month were achieved in Munich, followed by Berlin with 10.50 euros and Düsseldorf with nine euros.
Overall, prime rents have increased in all markets over the past five years: the markets with the largest increases were Berlin (91 percent), Essen (68 percent) and Rhine-Neckar (67 percent). Meanwhile, JLL registered the lowest increases in Hanover/Braunschweig (16 percent), Dresden (24 percent) and Stuttgart (29 percent).
