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The market for industrial and logistics real estate in Germany appears robust in the first quarter of 2026. According to an analysis by CBRE, a transaction volume of 1.4 billion euros was recorded, representing an increase of 16 percent compared to the first quarter of 2025. This development indicates a growing interest in logistics properties, despite a slight decline in the share of these properties in the overall market.
Changes in transaction share
The share of logistics properties in the total volume decreased by 13 percentage points to 70 percent, according to the analysis. In contrast, light industry saw an increase of 12 percentage points to 18 percent. Production properties remained nearly stable, continuing to account for 11 percent of the transaction volume.
Another trend is the decline in the significance of the seven largest cities regarding transaction volume. The share of these cities fell by 10 percentage points to just six percent. The analysis also shows that portfolio transactions are gaining importance. Their share increased by nine percentage points to 21 percent. The prime yield for logistics properties remains stable at 4.4 percent.
