European Logistics Market Update November 2021
In our latest analysis of the industrial and logistics market, we examine take-up, rental performance and yields across Europe.
November 18, 2021
- Lisa Graham
- Raphaele Naud
- Alexandra Tornow
- Edward Bavister
The logistics market continues to be buoyant, with occupier demand remaining robust and investment into industrial and logistics assets continuing to boom.
While occupier demand stabilised in Q3, following the record level recorded in the previous quarter, total take-up over the first nine months of the year still hit a new high of 23.8 million sq m. E-commerce remains a key driver of occupier demand, now contributing almost a quarter of total take-up.
On the investor side, demand for industrial and logistics property remains unabated, with industrial and logistics investment twice as high compared to the five-year Q1 – Q3 average.
Discover the whole story by downloading our full market update below.