The German logistics real estate market recorded the weakest half-year result of the past five years for the first half of 2025, with around 1.7 million square meters of new construction volume. Logistics real estate advisor Logivest informed about this result on July 8 after evaluating its own research data. The basis of the data is always the time of the groundbreaking ceremony.
“With around 850,000 square meters in the first quarter and nearly 830,000 square meters in the second quarter, we cannot continue the positive
trends of 2024,” said Kuno Neumeier, CEO of Logivest. “With a shadow market of around three million square meters and vacancies in existing properties of over eight million square meters, new developments are under massive competitive pressure,” Neumeier continued.
However, even though the half-year figures in recent years have sometimes been well above the two-million mark, it is important to the expert not to speak of a market decline. “Looking at the figures from the past ten years, we see that we have simply fallen to
a pre-Corona level. In 2019, we had a similar result – in the years before that, we were sometimes even significantly below that.”
Logistics Region Swabia at the Top
In the top logistics regions of the first half of the year, the Swabia region – until now more situated in the lower third – has taken the lead. With around 210,000 square meters, the region was able to more than double its result from 2024 in the first half of the year alone. According to Logivest,
a decisive factor for this is a project by Dietz AG in Langenau. With around 63,000 square meters, the built-to-suit property for the Winkler Group is the third largest development nationwide in the first half of the year.
The second place is occupied by the Berlin logistics region, which also nearly doubled its annual result from 2024 with 190,000 square meters of new construction area. Duisburg/Lower Rhine follows in third place with around 175,000 square meters of new construction volume in the first half of 2025.
