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2015 produced highest logistics take up on record in the EMEA region

Due to a growth in private consumption, supply chain consolidation and an increase in the scale of logistics operations, 2015 produced the highest logistics take up on record in the EMEA region. This is despite a quiet fourth quarter due to muted activity, particularly in Central and Eastern Europe (CEE). A number of key cities reported year-on-year growth, though, including London, Paris, Antwerp, Madrid and Berlin. In the wake of strengthening occupier demand, availability across the region has dropped further. As a result, the core CEE and Western European markets are currently showing logistics vacancy rates of just 5 to 6% nationwide. The only exception is the UK where nationwide vacancy actually rose by about half a million sq m. Thi...[…]