Sell logistics & industrial in Bonn.

Bonn is not a standalone logistics market in broker reporting; it is treated as part of the larger Cologne logistics region, one of Germany's Top-7 hubs that collectively recorded around 562,000 sqm of take-up in Q1 2026, up roughly 12% year on year. Within Bonn itself the defining feature is scarcity: industrial vacancy sits around 1.4% and there is effectively no developable land for new large-format warehousing inside the municipal boundaries. As a result, prime industrial rents inside Bonn exceed 7.50 EUR/sqm/month, well above the roughly 4.80 EUR/sqm/month achievable in the surrounding Rhein-Sieg-Kreis, while the Cologne regional prime rent climbed about 3% to 7.90 EUR/sqm/month. Where city-specific Bonn figures are unpublished, regional Cologne data should be read as the relevant proxy. Leasing activity for the Bonn catchment is therefore channelled into the surrounding municipalities along the A555, A565, A59, A560 and A3 corridors. Bornheim-Sechtem has emerged as the principal growth pole, with new modern parks such as the SEGRO scheme developed by Delta Development adding roughly 13,300 sqm. Sankt Augustin and Troisdorf form an established mixed industrial corridor where DHL opened its Europe Innovation Center in 2025, while Hennef and Siegburg offer some of the region's last meaningful commercial-land reserves along the A560/A3 axis. Inner-city Beuel and Pennenfeld provide only small, premium-priced urban last-mile pockets. Demand is underpinned by Deutsche Post DHL's Bonn headquarters and dense regional parcel network, the Cologne Bonn Airport cargo hub, and an affluent consumer catchment across the conurbation. DHL has committed around 300 million EUR to automation and electrification across the airport hub and regional parcel network through 2026, signalling sustained operator commitment. The constraint is supply: with negligible greenfield potential in Bonn proper, future take-up depends almost entirely on brownfield conversion and phased development in the Rhein-Sieg ring. Over the next twelve months the picture is one of a late-cycle, supply-led market. Rents are well supported and modern ESG-compliant space is scarce, so prime urban last-mile units in Bonn can command premiums, but headline take-up growth is capped by land availability. The clearest opportunities lie in land assembly and brownfield redevelopment in Bornheim and Hennef, and in capturing airport- and DHL-driven freight-forwarding demand through new regional parks. Key risks are construction-cost inflation, financing constraints, competition for sites with residential uses, and broader macroeconomic softness dampening occupier expansion.

vacancy: 1.4 % (Bonn municipal industrial vacancy, structurally tight); Prime rent: 7.5 EUR/sqm/month (Bonn municipal area; Rhein-Sieg-Kreis surroundings approx. 4.80); take up cologne region: 562,000 sqm (Q1 2026 combined Top-7 logistics take-up incl. Cologne region, +12% YoY; no separate Bonn figure); prime rent cologne region: 7.9 EUR/sqm/month (Cologne regional prime rent, +3% YoY; Bonn part of Cologne logistics region).