June 2026 · Valuation Methodology
The same logistics building can be worth 30% more to one tenant than another
Rent comparables give you a market average. Site variables tell you which tenants will pay above it - and which ones cannot afford to. The case for variable-based logistics valuation.
Raimund Paetzmann & Carl-Friedrich zu Knyphausen
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June 2026 · Valuation Methodology
How to evaluate premium rent potential in logistics real estate
Premium rent is not luck. It is the rent a tenant pays above market because the building saves them more than it costs. The four drivers of above-market logistics rent - and how to test for them before you buy.
Raimund Paetzmann, Carl-Friedrich zu Knyphausen & Lisa Graham
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June 2026 · Asset Management
How to make logistics tenants never want to leave
Retention is not a rent discount. It is operational embeddedness - making the building so integral to the tenant's supply chain that leaving is the expensive option. How to engineer stickiness into a logistics asset.
Raimund Paetzmann, Carl-Friedrich zu Knyphausen & Lisa Graham
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May 2026 · Investment Strategy
The 30% rent gap: why the same building is worth different amounts to different tenants
The spread between the best-fit and worst-fit tenant for a single logistics building regularly exceeds 30%. Here is what creates that gap - and how to find which side of it you are on.
Raimund Paetzmann, Carl-Friedrich zu Knyphausen & Lisa Graham
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May 2026 · Portfolio Risk
What lease renewal rates actually tell you about a building
WAULT tells you how long is left on the lease. It does not tell you whether the tenant will stay. Operational dependency - how embedded the building is in the tenant's supply chain - is the metric that actually predicts renewal risk.
Raimund Paetzmann, Carl-Friedrich zu Knyphausen & Lisa Graham
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April 2026 · Investment Strategy
Why logistics real estate valuations are broken - and what should replace them
Europe's logistics market recorded 28.1 million sqm of take-up in 2025 - yet most valuations still rely on comparable transactions developed when the market was a fraction of this size. The case for supply-chain-grounded valuation.
Raimund Paetzmann & Carl-Friedrich zu Knyphausen
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