RIWIS Online: Flensburg

Industrial & Logistics: Lease Probability and Vacancy Development for Flensburg Lease Probability   →better chance Flensburg  0 =  ø D-Cities  0.0   Vacancy Development   →less vacancies Flensburg  0 =  ø D-Cities  0.0   The Logistics Market in the Region <p>Flensburg is not part of any supra-regionally relevant logistics market region and does not have a dedicated logistics-relevant infrastructure. This indicates that the city plays a rather subordinate role in the logistics sector and is possibly less attractive for large logistics companies.</p><p>At EUR 4.5/sqm, prime rents for logistics and warehouse space in Flensburg are at the lower end of the D-cities and well below the average of all RIWIS cities. The picture is similar for service space at EUR 5.5/sqm. Overall, Flensburg presents itself as a favourably priced logistics location. At 8.0%, average yields for warehouses are at the upper end of the D-cities, while prime yields are rather average at 6.7%. </p><p>Conclusion: Flensburg is characterised by a low-cost logistics market with below-average rents. The relatively high average yields combined with moderate prime yields indicate a certain risk-return gap. Despite the lack of supra-regional logistics significance, the location offers potential for price-sensitive users.</p> December 2024 *German School Marks: 1=excellent, 2=good, 3=satisfactory, 4=adequate, 5=poor, 6=insufficient

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