european logistics markets 2020 · italy czech republic 269.5 228.5 241.2 3,510.0 2,803.8 1,583.9...
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Lisbon
Porto
Valencia
Barcelona
Toulouse
BristolCardiff
Dublin
Cork
Belfast
Manchester
Newcastle
Edinburgh
Birmingham
Lille
Antwerp
Brussels
Genk
Liege
Bordeaux
Paris
London Heathrow
Lyon
Strasbourg
Turin
Geneva
Zurich
Basel
Milan
Verona
Vienna
BrnoOstrava
Warsaw
Riga
TallinnTartu
HelsinkiTurku
Tampere
Oulu
Stockholm
Malmö
Gothenburg
Stavanger
CopenhagenAarhus
Odense
Bergen
Oslo
Lodz
Poznań
Klaipeda KaunasVilnius
KrakowKatowice
Wroclaw
GrazInnsbruck Salzburg
Linz
Prague
Pilsen
Piacenza
Bologna
Rome
Marseille
Madrid
Zaragoza
a
B
C
D
E
f
g
h
i
k
l
M
n
o
p
Q
r
s
t
u
v
w
x
1
98
2
3
4567
GERMANYPrime yield, %
Prime rent €/sqm/month
a Berlin 3.70 6.70b Bremen 4.20 4.80c Regensburg 5.10 5.60d Dresden 5.40 5.00e Duisburg 4.50 5.20f Erfurt 4.20 4.50g Hamburg 3.80 6.30h Hanover 4.20 5.10i Koblenz 6.00 4.60j Cologne 3.90 5.80k Leipzig 4.00 4.80l Magdeburg 6.50 4.30m Kassel 5.10 5.00n Munich 3.70 7.20o Münster/
Osnabrück 4.00 4.50p Nuremberg 4.50 5.90q Freiburg 5.60 5.80r Dortmund 4.00 5.10s Frankfurt 3.80 6.60t Mannheim/
Heidelberg 4.25 5.40u Saarbrücken 6.40 4.50v Augsburg/
Ulm 4.90 5.60w Stuttgart 3.90 6.80x Würzburg 6.40 4.80
THE NETHER-LANDS
Prime yield, %
Prime rent €/sqm/month
1 Utrecht 4.80 5.702 Arnhem 5.00 4.503 Nijmegen 4.80 4.604 Tilburg 4.30 4.805 Eindhoven 4.10 4.406 Venlo 4.40 4.207 Venray 4.50 4.308 Amsterdam
Schiphol 4.20 8.009 Port of
Amsterdam 4.80 5.7010 Rotterdam -
Maasvlakte 5.00 4.4011 Rotterdam -
Distriport 4.70 5.80
10 11
NORWAY
SWEDEN
DENMARK
GERMANY
FRANCE
SWITZERLAND
BELGIUM
IRELAND
THE NETHERLANDS
UNITED KINGDOM
SPAIN
PORTUGAL
POLAND
FINLAND
ESTONIA
LATVIA
LITHUANIA
AUSTRIA
ITALY
CZECH REPUBLIC
269.5
228.5
241.2
3,510.0
2,803.8
1,583.9
59.1
90.0
42.1
1,193.5
411.4
15.0
1,449.0
247.5
3.0
10.0
10.0
204.3
634
268.9
35.0
Logistics transaction volume per country in EUR million, HY 1 2020
Rent and yield data refers to HY 1 2020.
Logistics prime rent in €/sqm/month
Logistics prime yield net in %
European Logistics Markets 2020In recent years, the European logistics market was continuously gaining momentum: rising rents, falling yields, high demand and growing transaction volume were the key results of that extraordinary development. The main drivers behind that are trends like digitalization, globalization and structural changes in delivery services. Furthermore, COVID-19 has been acting as a trend accelerator, with demand for logistics assets increasing further on the occupier and investor side. But the pandemic situation also shows how strongly the eco-nomic and logistical interdependence within Europe is already developed.
CATELLA LOGISTICS MAP EUROPE | 2020
Catella is a leading specialist in property investments and fund management, with operations in 15 countries. The group has assets under management of approxi-mately EUR 14 billion.
Catella is listed on Nasdaq Stockholm in the Mid Cap segment. Read more at catella.com.
Research Contacts: Prof. Dr Thomas [email protected]
Andreas [email protected]
Definition of prime yield: Prime yield equals the yield for a property of the highest quality specification in a prime location within the area. The property should be 100% let at market rent at the time, to blue-chip tenants, with a typical lease term for prime property within that market. The yield should reflect net income received by an inves-tor, expressed as the percentage of the total capital value plus expected acquisition costs.
Definition of prime rent: Prime rent represents the top open-market rent that can be achieved for a logistics unit (sqm.) per month. The unit itself has to be of the highest quality and be located at the best location of the local market.
Description of 107 logistics regions in Europe, based on NUTS3 geographical units for the purpose of creating regions that were as compact as possible.
Glasgow
6.507.40
5.808.30
5.2010.20
5.808.25
8.504.50
7.504.50
7.304.70
7.704.50
5.007.25
6.004.90
6.104.20
7.254.80
7.704.30
7.804.00
6.407.20
6.204.20
6.503.80
6.503.80
5.805.006.60
3.40
6.503.70
6.003.70
5.604.10
5.004.70
5.704.20
5.905.20
6.405.00
6.105.00
5.005.90
6.403.90
5.804.00
6.205.50
6.803.70 5.25
4.70
6.003.60
4.004.00
4.304.10
5.303.75
5.304.10
5.304.00
4.004.90
5.608.80 5.20
10.80
5.6014.00
4.604.00
4.604.50
5.503.90
5.803.50
6.003.50
j
4.0016.15
4.507.50
4.307.60
5.206.60
5.007.70
5.506.20
5.808.90
5.806.60
6.006.50
5.008.70
5.704.80
6.803.80
6.253.90
4.755.50
6.503.50
6.504.50
4.756.80
4.608.60
4.506.40
4.7510.60
6.906.30
6.007.30
4.706.75
Ventspils
5.66
5.41