Industrial Market Profile
Stuttgart | 4th quarter 2019 January 2020
Industrial Market Profile | th4 quarter 2019 Stuttgart
Warehousing Take-up
Shortage of space limits take-up result Around 53,000 sqm of warehousing and logistics space larger than 5,000 sqm was taken up in the Stuttgart regi- on* (owner-occupiers and lettings) in 2019, the poorest result of the last ten years. It was around 75% down on the previous year's result (2018: 214,000 sqm) and the five-year average, and was mainly due to the lack of mo- dern space available to let at short notice. There was also a lack of available land for logistics use. The industry sta- tistics were headed by manufacturing companies (traditi- accounted for 72% of total take-up. Significantly less onally the most strongly represented in the region) who space was taken up by retailers (15%) or companies from the distribution/logistics segment (13%). There were no large-scale deals concluded in 2019, unlike the previous Prime Rent ≥ 5,000 sqm year in which Daimler AG leased around 42,000 sqm in a project on the site of a former brickworks in Waiblingen. The largest deal in 2019 was also concluded by a car ma- nufacturer, but for a unit of just 10,000 sqm. The prime rent for warehousing space larger than 5,000 sqm remained stable at €6.80/sqm/month and was achieved in the Stuttgart urban area. At around €6.50/sqm/month, the second highest rent was achieved in the Böblingen and Ludwigsburg submarkets. The lowest rent, of €4.80/ sqm/month, was agreed for warehousing space in Göp- pingen.
* The considered market area comprises the cities Stuttgart and Heilbronn as well as the administrative districts Ludwigsburg, Böblingen, Esslingen, Göppingen, Heilbronn and Rems-Murr-Kreis.
Industrial Market Profile | th4 quarter 2019 Stuttgart Stuttgart: Industrial Market Areas
Heidelberg Leimen Mosbach A 5
Wiesloch A 81 Sinsheim Bad Periphery Heilbronn Rappenau € 4.00 - 5.00 Neckarsulm Öhringen A 6
Eppingen Heilbronn Crailsheim Bruchsal Heilbronn € 4.50 - 6.00 Schwäbisch Hall
Bretten
Ludwigsburg € 5.00 - 6.50 Mühlacker Bietigheim-Bissingen Backnang Vaihingen an der Enz Aurich Rems-Murr-Kreis Pforzheim Ludwigsburg € 4.00 - 5.50 Winnenden Kornwestheim A 8 Remseck am Neckar DitzingenStuttgart Waiblingen Fellbach Leonberg Stuttgart Weinstadt Schorndorf Schwäbisch € 5.00 - 6.80 Gmünd A 8/81 Esslingen am Neckar Sindelfingen A 831 Calw Ostfildern Göppingen Leinfelden-Echterdingen Böblingen Eislingen/Fils
Böblingen Filderstadt Kirchheim Geislingen € 5.00 - 6.50 unter Göppingen Nürtingen an der Teck € 3.50 - 4.80 Herrenberg Steige Esslingen Nagold € 4.50 - 5.80 Altenburg Tübingen Metzingen Horb am Rottenburg Reutlingen Neckar am Neckar
Airport Harbour Industrial Market Areas Main Station Market Area Rental Band (Euro/sqm/month) Freight Village € min - max for warehousing space >= 5,000 sqm
Industrial Market Profile | th4 quarter 2019 Stuttgart Contacts
Frank Weber Helge Scheunemann Head of Industrial Agency Germany Head of Research Germany [email protected] [email protected] +49 (0) 89 290088 110 +49 (0) 40 350011 225
Industrial Agency Berlin Industrial Agency Munich Industrial Agency Leipzig Rahel-Hirsch-Straße 10 Ludwigstraße 8 Petersstraße 12-14 10557 Berlin 80539 Munich 04109 Leipzig [email protected] [email protected] [email protected] +49 (0) 30 203980 0 +49 (0) 89 290088 0 +49 (0) 341 22633 0
Industrial Agency Frankfurt Industrial Agency Düsseldorf Industrial Agency Stuttgart Bockenheimer Landstraße 55 Dreischeibenhaus 1 Kleiner Schloßplatz 13 60325 Frankfurt 40211 Düsseldorf 70173 Stuttgart [email protected] [email protected] [email protected] +49 (0) 69 2003 0 +49 (0) 211 13006 0 +49 (0) 711 900370 0
Industrial Agency Cologne Industrial Agency Hamburg Augustinerstraße 10 Alter Steinweg 1 50667 Cologne 20459 Hamburg [email protected] [email protected] +49 (0) 221 2775 0 +49 (0) 40 350011 0
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Industrial Market Profile | th4 quarter 2019