Rental levels for logistics properties in Germany remained largely stable during the first half of 2026, according to a new market analysis by REALOGIS. Across the 33 logistics markets surveyed, prime rents for new-build logistics space held steady at an average of €7.58/sqm/month, while minimum rents edged up by 0.3% to €6.40/sqm/month. Prime rents for existing properties increased by 1.1% to €6.64/sqm/month.
The strongest rental momentum was recorded in Germany’s eight largest logistics markets, where prime rents for new developments increased by 2.1% to €9.19/sqm/month. Munich remained the country’s most expensive logistics market with prime new-build rents reaching €14.00/sqm/month, while Hamburg also recorded notable rental growth.
According to REALOGIS, rental growth is increasingly concentrated in high-quality logistics assets located in established markets with limited availability. Across most of Germany, however, the market remained characterized by stable rental levels and only moderate increases during the first half of the year.
