Industrial ResearchAll the latest commercial property research from the industrial and logistics sector.
The industrial sector has reached equilibrium across central Europe, according to a research report published by Cushman & Wakefield.
UK commercial property rents have fallen for a full quarter.
After a record year in 2011, the slump expected in 2012 has not yet affected the French logistics market, in which take-up has even risen slightly. However, take-up is likely to slow in the second half.
There was a surge of industrial transactions completed in Dublin during Q2 2012, with take-up in the three month period more than double that achieved in the first quarter of the year
“A gradual improvement in economic conditions, together with a pickup in air freight activity at Heathrow, should support stronger occupier demand for industrial and distribution floorspace in this market going forward.
The last 12 months has been one of the busiest periods in recent history in the forecourt property sector. Barber Wadlow estimates that there have been over 1,100 petrol stations sold or let since the end of 2011, whichrepresents an incredible 13% of the total number of forecourts (8,587 sites).
The weak global economic outlook and eurozone debt crisis continue to weigh heavily on the UK property investment market.
In the Summer 2012 edition of Business Parks, we explore the changing dynamics and movement away from pure office use, towards a range of alternative uses such as hotels, leisure and residential.
UK take-up was 5.8m sq ft in Q1 2012. This is the lowest quarterly level since Q2 2009 and 20% below the quarterly average. A fall in the numberof transactions from 60 to 49 largely accounted for this drop in activity.
“Q1 12 has seen the sharpest increase in the amount of industrial space coming to the Dublin market in the last number of years, with a record total of 1.4m sq m of space now available. The increase is being driven by overall market conditionsand an increasing number of banks and receivers putting properties on the market.”