Palmira Capital Partners reports 20% growth in leasing volume for 2024

Palmira Capital Partners achieved a 20% increase in its leasing volume last year, securing approximately 281,100 sqm of logistics, warehouse, and office space. The surge in leasing activity underscores the resilience and stability of the logistics and light industrial asset classes amid sustained demand.

A significant portion of this growth came from contract renewals, with existing tenants extending leases on 252,000 sqm of space. These properties form part of a diverse portfolio of successful funds, which Palmira continues to expand and actively manage.

In addition to strong leasing performance, Palmira kicked off 2025 with the acquisition of a business park in Ratingen, adding 18,700 sqm of rental space to its expanding portfolio. This latest investment aligns with the company’s strategy of strengthening its logistics and light industrial holdings across key European markets.