European Logistics Leasing Figures Q3 2026

CBRE’s European Logistics Leasing Figures track occupier demand, new supply, vacancy, and prime rents across Europe. The data covers 10 core markets (the UK, Germany, France, the Netherlands, Spain, Italy, Belgium, Poland, the Czech Republic, and Slovakia). Occupied stock grew 3.8% over the last 12 months, the fastest rate in two years.

Key Findings

• European logistics take-up reached 25.2m sq m in the 12 months to Q3 2026, up 12% YoY and the strongest in three years.
• Completions fell 20% YoY to 13.0m sq m, the lowest since 2016, while vacancy dropped 18 bps to 5.3%, the first annual decline this cycle.
• Logistics prime rents rose 2.8% YoY in Q3, with gains concentrated in supply-constrained markets.

What’s in the Full Report

• Rolling 12-month take-up by country and region, showing YoY change and share of the total
• Vacancy commentary by market
• Take-up against vacancy rate and of completions against the change in occupied stock
• Prime rents in €/sq m per annum and YoY change in local currency for markets

Download the CBRE European Logistics Leasing Figures Q3 2026 for take-up by country, vacancy, and completions data, and prime rent levels by market.