European Logistics Market Update February 2022
In our latest analysis of the industrial and logistics market, we examine occupier demand, rental performance, investment market and yields across Europe.
February 25, 2022
- Lisa Graham
- Raphaele Naud
- Alexandra Tornow
- Edward Bavister
With a robust occupier demand and high investment into industrial and logistics assets, the logistics market continues to be buoyant.
Take-up of logistics space across Europe broke all records in Q4 2021. A total of over 9.9 million sq m taken in the final quarter pushed full-year totals to over 33.5 million, up 35% on the previous year and 50% if compared to the 5-year average. E-commerce remains 2nd strongest occupier segment, drives continued strong demand.
On the investor side, buoyant occupier demand coupled with continued low vacancy continues to drive new development. 2021 saw the highest rate of expansion in rental growth in over two decades.
Discover the whole story by downloading our full market update below.