Navigating the H1 2025 french logistics real estate landscape

 

The French logistics real estate market recorded 1.5 million m² exchanged in the first half of 2025. This volume represents a 17% decrease compared to the previous year and the five-year average, a trend primarily attributed to two key factors.

 

According to JLL, the cautious business climate has led to a lengthening of decision-making processes for users. Additionally, there's a noticeable increase in sub-leasing activities, driven by businesses, particularly in the furniture and decoration sectors, rationalizing their space and moderating their projected growth needs.

 

Key regions driving market activity

 

As ever, the 'Dorsale' (central axis) continues to be the primary engine of the French market, accounting for a significant 890,000 m² of placed space, representing nearly 60% of the national volume. This strong performance is bolstered by a particularly dynamic Lille market, which alone contributed 272,000 m², making up 18% of the national total. The Île-de-France region also saw substantial activity, with 382,000 m² transacted within its borders. Overall, JLL reported 85 signatures in this period.

 

Spotlight on thriving segments

 

For businesses seeking warehouse space, specific segments are proving highly attractive. The 20,000 - 40,000 m² segment remains exceptionally popular, with 425,000 m² placed, a notable increase from 291,000 m² in 2024. Furthermore, the market for XXL platforms (exceeding 40,000 m²) continues to be very dynamic. Despite a noted scarcity of dedicated offers along the Dorsale, this segment achieved a significant volume of 492,000 m² across 7 transactions. This indicates strong demand for larger spaces, even with supply constraints.

 

The French logistics real estate market, while adjusting to new economic realities, continues to offer strategic opportunities for businesses looking to optimize their supply chain and expand their operational footprint. Its underlying strength, particularly in key regions and popular size segments, positions it as a robust environment for investment and growth.

 

Source: republik-supply.fr