H1 | August 2021
Research Germany Industrial Market Profile Stuttgart Stuttgart
Increase in take-up by owner-occupiers Warehousing Take-up Around 79,000 sqm of warehousing and logistics space larger than 5,000 sqm was taken up in the Stuttgart regi- on* (lettings and owner-occupiers) in the first half of 2021. This is 40% higher than the result for the corre- sponding period in 2020 and 34% above the correspon- ding 5-year average. The good result is mainly due to ow- ner-occupiers who accounted for almost two-thirds of take-up. The strongest demand came from manufactu- rers who accounted for more than half of the take-up. This included the largest deal of the year so far in which the owner-occupier Porsche AG is expanding its site in Sachsenheim by almost 30,000 sqm. Retailers followed in second place with a share of 28% and included an on- line retailer who commenced construction of a 9,500 sqm
Prime Rent ≥ 5,000 sqm distribution centre in Korntal-Münchingen. Third place was assumed by logistic services providers with a share of 20%. The shortage of land and modern logistics space continues to cast a shadow over the market in the regi- on. There is no relief in sight through speculative buil- ding activity with just 21,000 sqm of new warehousing space completed in the first half of the year, none of which was still available to the market. The prime rent for warehousing space larger than 5,000 sqm remained stable year-on-year at €6.80/sqm/month and was achie- ved in the Stuttgart urban area.
* 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.
Cover page 2 Contacts Stuttgart: Industrial Market Areas with Rental Bands JLL Research 2021 Q2 Stuttgart: Industrial Market Areas
A 5
A 81 Periphery Heilbronn € 4.00 - 5.00
A 6
Heilbronn € 4.50 - 6.00 Heilbronn
Ludwigsburg € 5.00 - 6.50 Rems-Murr-Kreis Pforzheim € 4.00 - 5.50
A 8 Stuttgart € 5.00 - 6.80 Stuttgart A 8/81 Neck A 831 ar
Böblingen € 5.00 - 6.50 Göppingen Esslingen € 3.50 - 4.80 € 4.50 - 5.80
0 5 10 km Reutlingen
Airport Harbour Industrial Market Areas
Main Station Market Area Rental Band (Euro/sqm/month) Freight Village € min - max for warehousing space >= 5,000 sqm
Cover page 3 Contacts Dr. Konstantin Kortmann Sven Schürer Helge Scheunemann Head of Leasing & Agency Germany EMEA Logistics Business Development Head of Research Germany [email protected] Director [email protected] +49 (0) 69 2003 1390 [email protected] +49 (0) 40 350011 225 +49 (0) 171 4176325
Industrial Leasing Berlin Industrial Leasing Munich Industrial Leasing 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 Leasing Frankfurt Industrial Leasing Düsseldorf Industrial Leasing 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 Leasing Cologne Industrial Leasing 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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