Abstract
Overview
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
- 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.
Report 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.
Reasons to Purchase
- 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.