SNAPSHOT Industrial Geneva H1 2024

2024

Letting

In the first half of 2024, the letting market for industrial and logistics space in Geneva remained stable, with the vacancy rate unchanged at 1.8 %.

This balance is partly the result of the lack of new space deliveries and the slowdown in certain projects, particularly in the ZIMEYSAVER.

In the first half of 2024, the volume of industrial transactions in Geneva fell to CHF 60 million, continuing the slowdown that began in 2023.

Recent sales reflect sustained interest from owner-users and highlight the importance of redeveloping brownfield sites.