UK Business Information / DTZ European Logistics Report - Occupancy Costs
Occupiers to hold upper-hand until at least 2012
• We forecast subdued growth in logistics occupancy costs of
1.6% over the forecast period (2010-2014), as the European
economy gradually recovers from the downturn. Our forecast
reflects weak growth from now until the end of 2011 and solid
growth from 2012 onwards. Occupiers in search of value will find
pockets of opportunity through to 2012.
• The most expensive locations for logistics occupiers are London
Heathrow, Oslo, South-East England, Helsinki and Dublin.
Logistics companies benefit from significantly lower costs in
France, Belgium and Central Eastern Europe (CEE), largely due
to lower rental levels.
• Occupancy costs are expected to see the greatest increase in
markets that were hit hardest during the recent crisis, such as
Madrid and Barcelona. However, costs in these markets will still
remain well below their record levels. Occupiers will continue to
benefit from low costs in most European logistics markets, with a
few exceptions.
Whether you are an investor seeking returns from capital, a developer seeking transaction support or an occupier with accommodation needs DTZ has the global expertise and industry knowledge to meet those demands.
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