Try our corporate solution for free!
+1 (212) 419-5770
esther.shaulova@statista.com

Retail warehousing: prime rents in selected European cities Q3 2018

Retail warehouses typically range from fifty thousand to hundreds of thousands of square feet. They are used for keeping and distributing inventory. Retail warehouses include loading docks, truck doors and large parking lots; also, they may contain a limited amount of office space. Prime retail warehouse properties belong to the wider category of industrial property, along with other real estate types, such as: distribution buildings, showroom facilities, manufacturing buildings, cold storage facilities, telecom or data hosting centers, "flex" buildings denoting more than one industrial or commercial facilities housed in the same building, and finally R&D buildings.

West/East price differences

In the third quarter of 2018, figures show that approximately 364 euros were paid per square meter per year for prime warehousing properties on the Edinburgh commercial real estate market. This was a decrease, compared to the earlier data (according to the same source), which calculated the rentals to be 419 euros per square meter per year in the 1st quarter of 2016. In other leading Western European cities in 2018, the cost for warehouse square meter per year was significantly lower: in Paris it amounted to 180 euros, and in Bucharest, to approximately 120 euros.

large warehousing rents and yields

The average price of large prime warehouses that are not specific to retail can be far less expensive per square meter per year, especially in the east of Europe. In terms of yields, Eastern Europe saw prime yields higher than their counterparts in the west with Moscow (11 percent), Athens (9.5 percent) and Belgrade (9.25 percent) all approaching the ten percent mark. German cities in general saw relatively low prime yields with Munich, Hamburg, Berlin, and Frankfurt all amounting to 4.05 percent.

For far more in-depth information on industrial and logistic warehousing in the United Kingdom please see our dossier plus.

Rental prices of prime retail warehouses in selected European cities as of 3rd quarter 2018

Loading statistic...
You need to log in to download this statistic
Register for free
Already a member?
Log in
Show detailed source information?
Register for free
Already a member?
Log in
Source

Release date

2018

Region

Europe

Survey time period

2nd quarter 2018

Statista Accounts: Access All Statistics. Starting from $468 / Year
Basic Account
Get to know the platform

You only have access to basic statistics.

Single Account
The ideal entry-level account for individual users
  • Instant access to 1m statistics
  • Download in XLS, PDF & PNG format
  • Detailed references
$59 $39 / Month *
in the first 12 months
Corporate Account
Full access

Corporate solution including all features.

* All products require an annual contract; Prices do not include sales tax.

Statistics on "Industrial real estate in Europe"

Statista Accounts: Access All Statistics. Starting from $468 / Year
Learn more about how Statista can support your business.