09.05.2013 - JLL: European logistics markets remain stable despite subdued Eurozone outlook
The Q1 2013 European logistics real estate take-up market continued to demonstrate steady performance, according to the latest analysis from Jones Lang LaSalle. Germany was once again the most active European market, whilst Spain was the only other market to demonstrate growth. Completions have fallen, but six million sq m of space under construction is the highest amount since 2008, demonstrating the confidence in the sector. Occupier demand remained stable year-on-year in the first quarter of 2013 thanks to continued global supply chain realignment, largely based on a growing e-commerce sector. A total of 2.9 million mē of logistics units over 5,000 mē in size were taken-up in Q1 2013........................................Full Article: Source
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