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Industrial market conditions still sound

Take-up of industrial space across Europe, Middle East and Africa (EMEA) increased by 14% in the year to September 2011 compared to the same period last year, as occupiers continue to adapt to new distribution and manufacturing environments, according to Jones Lang LaSalle’s latest EMEA Corporate Occupier Conditions Industrial research report. Take-up reached 3.6 million sq m in quarter three, putting take-up levels on track to reach the 14 million sq m mark by the end of 2011 – significantly above the ten year average of 9.2 million sq m, although not quite reaching the record volume of 14.8 million sq m seen in 2010. However, growing concern over the ongoing economic climate in the Eurozone and the global slowdown in economic growth m...[…]