The world’s top 10 most expensive industrial logistics markets in Q3 2012 were spread across the globe, with six in Asia Pacific, three in EMEA and one in the Americas. The rankings are based on US$ per sq. ft. per annum.
A unifying theme throughout the top 10 markets was the growing demand for more sophisticated, modern facilities with large floor plates in well-located prime locations. The available supply of these facilities remained limited. In China and Australia, for example, new facilities coming online were either pre-committed or quickly occupied after becoming available. The quarter’s restrained leasing activity was attributable to a dearth of suitable product.
Download the Global Industrial PreView (Q3 2012)