Introduction
Increasing amounts of equity based capital will target the European warehousing and industrial real estate markets and going forward equity and low leverage buyers will dominate the market. This report analyses the European warehousing market, providing a detailed overview of the market conditions, and Datamonitor's country-wise 2008 outlook for the industry and the economy.
Scope of this report
Gain an insight into the role of the logistics and distribution industry in driving the demand for warehousing and industrial property.
Analyses the impact of GDP growth, unemployment, manufacturing growth and consumer spending on each country's industrial property market performance.
The current situation and future outlook for the European warehousing and industrial real estate market with top level economic and property data.
Research and analysis highlights
The European industrial real estate market saw limited levels of growth in 2007, with supply and demand in most countries being more balanced than in previous years. Overall rental growth in Europe was just 2.5% Central and Eastern Europe once again reverted to out performance, with rental growth of 7% compared to just 1.3% in Western Europe.
As credit squeeze slowly impacts the EU market, the more mature locations may slow further in the second half of 2008. However, there will be an increasing number of opportunities for occupiers from both the manufacturing and logistics sectors to discover lower cost locations, and this trend will generate rental growth in most locations in 2008.
In the CEE region though the pipeline is large, there is sustained demand and proportionally less good-quality space available. Demand for space in regional cities is also increasing. Manufacturers will continue moving their operations to lower cost locations in the foreseeable future, thus ensuring a steadily growing demand for logistics property.
Key reasons to read this report
Gain an analytical insight into 20 country markets across Europe, and assess both the current situation and the 2008 outlook for industrial property.
Provides access to the crucial industrial rents review and 2008 outlook for over 90 locations across Europe.
Reference Code: DMAU0303
Source: datamonitor.com