With just under 452,000 m² of warehouse and logistics space in 2020, take-up was around 8 % lower than in the record year of 2019 (approx. 493,000 m²). That is still 3 % more than the annual average of the last five years. The majority of lettings (43 %) were in the south of Berlin and the Berlin-Brandenburg airport area.
(Source: JONES LANG LASALLE SE, Industrial Market Profile Berlin, Q4 2019)
But Berlin also faces a shortage and rising rents. Even in the popular outskirts on the south side of the city, space is slowly becoming scarce. However, the top rent for spaces 5,000 m² and larger remained stable in year 2020 at €5.50/m²/month.