Industrial
The total modern industrial stock stood at 2.812.510 m2 at the end of the first quarter, of which 2.454.150 m2 is logistic parks and 358.360 m2 City logistics. The vacancy rate increased at 4,2%, showing a 1,0 pps yearly increase – compared to previous year. The headline rents remained stable, existing big-box rents are between € 4,4-4,7/m2, new development rents are between € 4,6-4,9/m2 , while the highest rents we see at city logistics € 5,25-5,75/m2.