The Berlin logistics and industrial property market remained resilient in the first half of 2026, reflecting continued occupier demand for well-located, modern space. Market activity was supported by several large-scale transactions, while stable rents and limited availability in sought-after locations underlined the ongoing importance of quality logistics and industrial properties for businesses.
REALOGIS Unternehmensgruppe recorded take-up of 211,000 sq m in the Berlin logistics and industrial property market in H1 2026. Warehouse space accounted for 192,500 sq m or 91%, office space for 13,300 sq m (7%) and mezzanine space for 5,200 sq m (2%).
Warehouse take-up increased by 33,500 sq m or 21% year on year. While still 31% below the current five-year average of 277,180 sq m, the shortfall was significantly smaller than in H1 2025, when it stood at 46%.
The five largest lease transactions—JD Logistics with 41,430 sq m, ASML with 27,000 sq m, acut fulfillment with 11,520 sq m, Capital Baustoffe with 11,400 sq m and FST Industrie with 11,200 sq m—together accounted for 49% of the Berlin letting and owner-occupier market.
Alexander Ego, Managing Director of REALOGIS Immobilien Berlin GmbH, comments: “Take-up over the past six months was shaped to a significant extent by a handful of large-scale deals, with owner-occupiers in particular making an exceptionally strong contribution. At the same time, demand for modern business parks remains at a high level, although suitable space is often not available in sufficient quantities in the locations in demand.”
Rents stable at a high level
Prime rent remained unchanged at €10.50/sq m in H1 2026, temporarily halting the upward trend seen since records began in 2016. It remained 10% above the current five-year average of €9.55/sq m. Average rent also remained stable at €8.10/sq m, 7% above the five-year average of €7.60/sq m.
Existing space ahead of brownfield developments
Existing properties dominated market activity with 110,400 sq m, or 52% of total take-up. Lettings in new builds on former brownfield sites reached 91,200 sq m, or 43%, with JD Logistics and ASML accounting for three quarters of this volume. New builds on greenfield sites accounted for 9,400 sq m, or 5%.
By building type, big-box spaces led with 143,900 sq m, or 68%, followed by other properties with 34,100 sq m (16%) and business parks with 33,000 sq m. Lettings accounted for 166,600 sq m, or 79%, while owner-occupiers contributed 44,400 sq m (21%).
Berlin urban area was the strongest region
The Berlin urban area recorded the highest take-up with 93,500 sq m, or 44%. Berlin South led within the urban area with 47,900 sq m, followed by Berlin West with 22,600 sq m, Berlin North with 14,400 sq m and Berlin East with 8,600 sq m.
The surrounding area south of Berlin ranked second with 87,800 sq m, or 42%, followed by the surrounding area west of Berlin with 15,300 sq m and north of Berlin with 14,400 sq m. No take-up was recorded east of Berlin.
Logistics/Distribution leads ahead of retail and manufacturing
Logistics/Distribution ranked first with 78,100 sq m, or 37%, driven largely by JD Logistics and acut fulfillment. Retail/Wholesale followed with 56,900 sq m (27%), split almost evenly between e-commerce and traditional retail. Manufacturing ranked third with 51,000 sq m (24%), with ASML and FST Industrie accounting for 75% of this total. Supply/Others reached 25,000 sq m (12%).
Large-scale segment driven by five lease transactions
Large-scale units from 10,001 sq m remained market-defining, reaching 102,550 sq m, or 49% of total take-up. This volume was generated entirely by the five largest lease transactions of the first half of the year.
