European Big Box Logistics Report Q3 2021

Key points:

-Structural changes continue to drive demand for logistics facilities in Europe. The recovery is stimulating requirements from the traditional sectors, adding to the accelerated demand from the online channel.
-External shocks such as the global supply chain disruption are a risk for macroeconomic growth but could instigate further demand for logistics space, with occupiers looking to prevent stock-outs.
-2021 will be a record year for take-up, drying up the vacancy rates and prompting an increase in speculative developments, although it may not be enough to significantly improve supply levels.
-Rental growth has accelerated across Europe and will continue, particularly in the UK and in other markets where the vacancy rate has fallen sharply.

-2021 will also be a record year for investment sales, as investors remain bullish on logistics assets.

-In this report we also include country profiles to compare the ten key European logistics markets.