European Logistics Market Update Q2 2023
In our latest analysis of the industrial and logistics market, we examine occupier demand, rental performance, investment market and yields across Europe.
- Lisa Graham
- Alexandra Tornow
With just over 10.6 million sqm take-up in H1 2023, occupier markets remain subdued in response to economic uncertainty and supply constraints. However, validating our view that pent up demand exists if suitable space is available, YoY take-up levels were either stable or higher in markets where supply levels are currently higher.
A rise in investor activity during Q2 provided some clarity on pricing. While transaction levels remained subdued in H1 2023, there is scope for optimism with momentum increasing towards H2.
Discover the whole story by downloading our full market update below.