Prime headline rental cost of warehouse space in selected European cities H1 2021

This statistic displays the prime headline costs of warehouse rent across European cities as of the first half of 2021 in euros, per square meter per month. In this case, according to the source, prime warehouse locations have been categorized as spaces that are deemed to be at the top open-market tier of rent up to three thousand square meters. The warehouse rents included spaces that are of grade A quality in the best locations in the market, with up to 15 percent of the space dedicated to offices and between 6 and 10-meter ceiling height.

London soars in price

Due to its central location and capabilities of worldwide distribution, warehouse space in London had the highest monthly price at 20.9 euros per square meter, as of the first half of 2021. At the other end of the table was the Polish city of Łódź with prime headline rents of 3.1 euros per square meter per month.

UK prime warehouse rents

The price per square foot of smaller industrial warehousing was more expensive than that of larger warehousing. Other factors that could affect pricing included location, proximity to major road systems, key population areas, price of developing land and staff costs. Prices for prime small shed real estate in the United Kingdom (excluding London) as of the first half of 2021 varied from 17 British pounds in Borehamwood to five British pounds in Belfast. Inside of London, prime rental costs can reach as much as 20 British pounds per square foot.