Annual prime rental costs for large warehouses in Germany 2014-2023
The annual primary rent costs for warehouses over 5,000 square meters in the occupier logistics market in Germany increased in recent years. Headline rents refer to the rent payable after rent-free periods or incentives, excluding taxes and charges. In the fourth quarter of 2023, the square meter rent for prime properties in Munich, or warehouses of highest quality in the best location, amounted to 126 euros annually. In Europe, the most expensive markets for large warehouses were in London and Oslo.
