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The market for logistics and industrial space (letting, sale and new construction by owner-occupiers) in Bremen and the immediate surrounding area closed the first half of 2026 with take-up of around 113,000 m². This means that market activity is at the level of the previous year and confirms the overall stable development of the location.
The result is also solid in a long-term comparison: the five-year average is around 272,000 m², i.e. around 136,000 m² per half-year. "Despite the continuing challenging economic and geopolitical conditions, Bremen's logistics real estate market is proving to be remarkably robust," emphasises Björn Sundermann, Managing Director of Robert C. Spies Industrial Real Estate GmbH & Co. KG. The demand for space is generally positive: there is still a lot of interest on the tenant side, but the willingness of potential users to take risks remains low due to the overall economic situation. Additional space will therefore continue to be rented on a demand-oriented basis and less speculatively. Logistics companies calculate their space requirements more precisely and more often do without reserve space for potential additional business.
With a share of almost 40 percent of total take-up, companies from the production and light industrial sectors represent the largest user group in the first half of the year. The largest deal of the first half of the year contributed to this: a company from the aerospace sector has rented around 29,000 m² in the Bremen freight transport centre (GVZ). This is followed by the retail logistics division with its e-commerce business. This is where the second-largest deal of the first half of the year was registered: In Oyten, an owner-occupier moves into a logistics property with around 27,000 m². The automotive sector, on the other hand, continues to be influenced by the ongoing crisis in the automotive industry.
Rental prices for logistics and industrial properties stabilised at a high level in the first half of the year. The prime rent for modern logistics space remains unchanged at EUR 6.75/m². The average rent of 5.65 EUR/m² is also at the previous year's level.
A recognizable trend is the further shortening of lease terms. Many companies currently prefer more flexible contract models in order to be able to react more quickly to changing market conditions. "In addition, users are increasingly orienting themselves towards the terms of their customer contracts and are aligning their real estate decisions more closely with them," reports Sundermann. As a result, long-term, strategic space leasing is more often taking a back seat to operationally motivated decisions.
Yields on modern logistics properties continue to be extremely stable. For core products, the prime yield is currently around 5.1 percent, almost at the level of the previous year. Returns in the warehouse space and light industrial sectors are also largely constant. Prime yields are currently around 9.5 percent for classic warehouse space and around 6.8 percent for light industrial properties.
For the second half of the year, the market environment remains solid. "Ongoing contract negotiations are likely to lead to prospective conclusions," predicts Björn Sundermann, adding: "At the same time, demand for smaller and flexibly usable space units will remain at a stable level." Against this backdrop, Robert C. Spies expects take-up of around 240,000 m² for 2026 as a whole. Demand is currently spread across a large number of industries, without clear industry focuses – thus a broad mix and thus an indicator of the economic relevance of the region as a logistics location. The vacancy rate will continue to fall due to the space absorbed in the context of re-lettings as well as the low supply of speculative new buildings and available existing properties.
