H1 | August 2021
Research Germany Industrial Market Profile Ruhr Area Ruhr Area
Prime rent rises to €5.50/sqm/month Warehousing Take-up Around 278,000 sqm of warehousing and logistics space larger than 5,000 sqm was taken up in the Ruhr area* (lettings and owner-occupiers) in the first half of 2021, around 20% less than in the first half of 2020 and below the average of the past five years. Most deals were regis- tered in development projects, including the largest lease of the year so far in which Levi Strauss Germany GmbH signed a lease for around 67,000 sqm for its new Euro- pean distribution centre in Dorsten. The property is sche- duled to be ready for occupancy by 2023 and will meet the Cradle-to-Cradle sustainability standard. The stron- gest demand came from companies from the distributi- on/logistics sector which accounted for 45% of total take-up. Manufacturers followed in second place with
Prime Rent ≥ 5,000 sqm a share of 37% and retailers and eCommerce companies, which topped the leaderboard a year ago, accounted for just 12%.
Due to the decreasing availability of space, the prime rent for warehousing space larger than 5,000 sqm increa- sed by €0.25/sqm/month in the second quarter, to its current level of €5.50/sqm/month. This is achieved in Duisburg. Rent rises were also observed in other loca- tions such as Dortmund, Essen, Hamm and Hagen. Most new leases were signed at rents of between €4.00 and €4.50/sqm/month.
* The considered market area comprises the cities Bochum, Bottrop, Dortmund, Duisburg, Essen, Gelsenkirchen, Hagen, Hamm, Herne, Mülheim and Oberhausen as well as the administrative districts Recklinghausen, Wesel, Unna and Ennepe- Ruhr-Kreis.
Cover page 2 Contacts Ruhr Area: Industrial Market Areas with Rental Bands JLL Research 2021 Q2 Ruhr Area: Industrial Market Areas
Münster
A 1
A 43 A 31
Wesel Recklinghausen Hamm l Rh a ein € 3.00 - 4.25 n € 3.25 - 4.75 € 3.00 - 4.25 a K Datteln-Kanal s- Wesel- m Hamm -E d Da R n tteln h Bottrop u -H e tm am i r m n D o o -K A 3 D rtm a € 3.25 - 4.25 u n n al A 2 d -E m Herne s Unna - Gelsenkirchen K a € 3.25 - 4.50 n € 3.25 - 4.75 a
€ 3.00 - 4.50 l Oberhausen € 3.50 - 4.75 Dortmund A 44 A 42 Gelsenkirchen A 443 Bochum Dortmund Ruhr € 3.75 - 5.25 Bochum A 40 Duisburg Essen Duisburg € 3.50 - 4.75 A 57 € 3.75 - 5.50 € 3.50 - 4.75
Rhein Mülheim an der Ruhr € 3.50 - 4.75 Hagen € 3.25 - 4.50 Ennepe-Ruhr-Kreis
A 535 € 3.00 - 4.25 A 46 A 45 Wuppertal Düsseldorf
R h e in A57 A 59 A 542 0 5 A 5140 km
Airport Switch Yard Harbour Industrial Market Areas
Main Station Freight Village Market Area Rental Band (Euro/sqm/month) € 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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