Sell logistics & industrial in Dresden.

Dresden is the most expensive logistics location in Central Germany and one of the country's most dynamic occupier markets going into 2026. New-build prime rents reached around EUR 6.10/sqm per month after the strongest year-turn uplift of any German region (roughly +3% quarter-on-quarter), reflecting structurally low vacancy and persistent demand that outpaces modern grade-A supply. The leasing market is anchored by the Silicon Saxony semiconductor cluster: Infineon, GlobalFoundries and the new ESMC/TSMC fab generate an unusually deep pipeline of supplier, chemicals, equipment and wafer-handling logistics requirements that is rare for a city of Dresden's size. The leasing geography centres on four pillars. GVZ Dresden, three kilometres from the centre, offers trimodal road, rail and inland-port connectivity and remains the core distribution node despite limited remaining land. The Airport/Klotzsche corridor in the north sits alongside the semiconductor fabs and is the prime address for high-value tech logistics, with Taiwanese supplier Topco Scientific among those establishing a presence in 2026. To the northeast, Ottendorf-Okrilla and Radeberg form the preferred big-box belt along the A4 toward the A13, while Wilsdruff and Klipphausen in the west provide newer parks at the A4/A17 junction serving the Czech corridor. The headline take-up figure for the Dresden/A4 region surged to roughly 71,600 sqm in H1 2025 (up sharply year-on-year), though this was heavily influenced by ESMC's own 60,000 sqm of owner-occupier construction rather than third-party lettings. Supply is the binding constraint. Vacancy is structurally low, large greenfield plots are scarce, and much of the visible pipeline is absorbed by owner-occupiers, pushing developers such as CTP toward brownfield reactivation (the planned CTPark Dresden West in Cossebaude on a 96,000 sqm site). Speculative and build-to-suit schemes are emerging at Ottendorf-Okrilla, Wilsdruff and the ESMC supplier corridor, but delivery faces construction-cost and financing headwinds. Over the next twelve months the leasing outlook is firmly positive but concentrated. The dominant opportunity is build-to-suit demand from semiconductor suppliers seeking proximity to Klotzsche, alongside continued rent growth given Dresden's regional rent leadership. The main risks are the market's reliance on a single industrial cycle, skilled-labour shortages that could slow the ESMC ramp, and land scarcity capping how much pent-up demand can actually convert into take-up.

take up: 71,600 sqm (Dresden/A4 region, H1 2025; +616% YoY, driven by ESMC owner-occupier); Prime rent: 6.1 EUR/sqm/month (new-build prime, Q4 2025/Q1 2026); rent growth yoy pct: 3 % QoQ uplift at year-turn 2025/2026 (strongest new-build prime rent rise of any German region).