• In the second quarter, take-up itself was as much as six percent above the running average of all second quarters over the last decade
  • In effect, the Corona pandemic has had very little impact on the market. There was neither a huge demand for space nor has the crisis caused demand to slump. Inasmuch, the current situation is distinctly different from the last crisis in 2008 and 2009 when demand dropped off notably
  • In the medium term, we expect the demand for warehouse facilities to rise. This development will be driven by an even stronger future realignment of the global supply chain, various re-/near-shoring strategies, the introduction of buffer storage and the rise of e-commerce
  • There were no changes in terms of rents. The rental level is stable as demand has not slumped, there are no massive vacancies, and space is still in short supply
  • Given the way things are developing in the wake of the Corona pandemic, and the signs of economic recovery, we are assuming a sound full-year result. Significantly more than six million sq m is likely to be achieved on the industrial and logistics real estate market this year as well