Rents surge in the warehousing sector
Rents surge in the warehousing sector

Rents surge in the warehousing sector

How the scarcity of premium real estate is shaping the market.
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RE+D magazine
24.11.2025

Warehousing spaces have emerged as one of the most dynamic and fastest-growing sectors of the real estate market, with rents continuing their upward trajectory, reaching the highest levels of the past decade. This trend primarily reflects the significant shortage of modern storage facilities in both Attica and Northern Greece.

According to data from Cushman & Wakefield Proprius, prime rents now stand at €5.75 per sq.m. per month and continue to rise. Although total space absorption in Q3 2025 fell to 102,000 sq.m.—a level lower than in previous quarters—demand remains strong.

This decline is not due to weakening interest, but rather to the limited availability of quality properties in the sizes sought by businesses.

The 3,000–10,000 sq.m. category continues to be the most active, confirming the strong need for modern, medium-sized facilities, which remain scarce in the market.

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Historical price trends indicate that, following the significant decline during the crisis period (to €3.5–4 per sq.m.), rents have been steadily increasing since 2020. On the other hand, yields have stabilized at around 6.8%, with a tendency for further reduction.