Germany Logistics Investment Market Starts 2026 with €1.4bn Volume – CBRE

Why It Matters

The resurgence underscores Germany’s role as Europe’s logistics hub, attracting capital that can boost supply‑chain resilience and support economic growth. It also shows investors are willing to navigate geopolitical risks for stable, income‑generating assets.

Key Takeaways

• €1.4bn ($1.5bn) logged in German logistics deals Q1 2026.
• Occupier demand drives new builds and retrofits despite geopolitical uncertainty.
• Prologis‑La Caisse partnership adds €1bn ($1.1bn) pan‑European fund.
• Sirius acquires Kiel defence park for €93m ($101m), expanding industrial footprint.
• Strong investment signals confidence in Germany’s supply‑chain resilience.

Pulse Analysis

Germany’s logistics sector has long been a magnet for capital, and the latest CBRE data confirms that trend is accelerating. With €1.4bn (about $1.5bn) of deals recorded in the first quarter of 2026, the market is outpacing many of its European peers. The volume reflects a shift from the cautious 2025 environment, where investors held back amid supply‑chain disruptions and inflationary pressures. By converting euros to dollars, the scale becomes clearer for U.S. investors, highlighting a sizable opportunity in a market known for its high‑quality assets and transparent regulatory framework.

The primary catalyst behind the surge is robust occupier demand. E‑commerce giants, automotive manufacturers and retailers are expanding or modernising their distribution footprints to shorten delivery times and hedge against future disruptions. Even as geopolitical headwinds—such as the lingering effects of the Russia‑Ukraine conflict and US‑China trade frictions—persist, they have not deterred firms seeking the stability of Germany’s infrastructure. This demand translates into higher rental rates, lower vacancy, and a willingness among developers to deliver state‑of‑the‑art facilities that meet sustainability and automation standards.

Looking ahead, the influx of capital is likely to deepen. Strategic partnerships like the €1bn (≈$1.1bn) Prologis‑La Caisse fund and acquisitions such as Sirius’s €93m (≈$101m) Kiel business park illustrate a growing appetite for both greenfield projects and opportunistic assets. For investors, German logistics offers attractive yields, currency‑hedged returns and exposure to a market that underpins Europe’s supply‑chain resilience. As the sector continues to mature, we can expect continued fund launches, joint ventures and a pipeline of projects that will keep Germany at the forefront of continental logistics investment.