
Spotlight: European Real Estate Logistics Census - Autumn 2024
"Savills European Real Estate Logistics Census outlines the challenges and opportunities facing Europe’s logistics occupiers, developers and investors"
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"Savills European Real Estate Logistics Census outlines the challenges and opportunities facing Europe’s logistics occupiers, developers and investors"

"Economic conditions continued to improve in Q2 2024, with both the occupier and investment markets seeing quarterly growth, likely as a result of brighter outlooks"

"Leasing activity recovered in the second quarter of the year, but weakness in Q1 led to a lacklustre first half of the year"
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"According to Savills Industrial & Logistics Requirements Index, the industrial & logistics market has seen a marked improvement in occupier demand in Q2 2024."

"Demand rises in first half of the year as take-up of existing units set to drive a fall in vacancy into 2025"

"93% of space transacted in H1 2024 has been Grade A quality"

"Speculative completions and growth in second-hand space increase supply by 26%, yet BTS transactions rise 108% on levels seen in H1 2023"

"The region is well positioned for future rental growth, with just 1.16 years’ worth of supply available based on the five-year annual average take-up"

"Supply falls from peak of 6.56m sq ft in recent months as deals complete"

"Vacancy rate remains low at 6.37%; 1.14 years’ worth of supply left"