The logistics property market remains in flux. How are vacancy rates developing?
Based on its own research data, Logivest has analysed vacancy rates for 2024 and 2025.
Overall, the vacancy rate rose by around 0.3 per cent to approximately 4.5 per cent by the end of the third quarter of 2025. Especially in these economically challenging times, the minimal increase in vacancy rates speaks to the resilience of the logistics real estate market.
Saarland, with around 6.3 per cent, and Leipzig, with around 6.4 per cent, are at the top of the vacancy rate rankings in percentage terms. Overall, there is little new construction activity in the region and demand is subdued.
The Nuremberg region has the lowest vacancy rate at just 1.2 per cent. In recent years, hardly any new buildings have been developed for the open market – despite consistently high demand – which is why there is hardly any vacant space.
