Real Estate

Real estate is the dominant asset class in the real assets sector, but also the most versatile.

Real Estate analysiss

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

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.

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.

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.

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.

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.

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.

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.

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