European Corporate Occupier Conditions – Industrial Q3 2016

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Information about European Corporate Occupier Conditions – Industrial Q3 2016

Published on November 17, 2016

Author: JLL


1. COPYRIGHT © JONES LANG LASALLE IP, INC. 2016. All rights reserved. No part of this publication may be reproduced or transmitted in any form or by any means without prior written consent of Jones Lang LaSalle. It is based on material that we believe to be reliable. Whilst every effort has been made to ensure its accuracy, we cannot offer any warranty that it contains no factual errors. We would like to be told of any such errors in order to correct them. European Industrial & Logistics Corporate Occupier Conditions Q3 | 2016 At a glance Prime rents across Europe remain stable in Q3; slight increases occur in Ireland and Italy. Q3 Prime Rents European Industrial Market Conditions – Occupier Incentives Germany UK Finland France Hungary Netherlands Sweden Russia Turkey Czech Republic Italy Poland Average months free in a calendar year on a standard lease. Croatia Ireland Serbia Spain Low Property Costs (per sq m) <€70 Poland Romania Czech Republic Slovakia Croatia France European Industrial Market Conditions – Most Competitive Opportunities Antwerp Athens Budapest Bucharest Lille Lisbon Lyon Prague Warsaw <€50 sq m pa Belgrade Berlin Bratislava Brussels Istanbul Madrid Milan Paris Rome Rotterdam St Petersburg Zagreb €50-€65 sq m pa 0.5 months free 1 month free 1.5 months free 2+ months free >€80 sq m pa Amsterdam Birmingham Barcelona Dublin Helsinki London Manchester Munich Oslo Stockholm JLL quarterly Industrial & Logistics analysis illustrates the current market condition and examines how it will evolve in the future. All figures are in sq m / €, based on logistics units >5,000 sq m and UK>10,000 sq m For more information, contact: Alexandra Tornow EMEA Industrial & Logistics Research Guy Gueirard Head of EMEA Industrial & Logistics Ryan Loftus EMEA Industrial & Logistics Research Demand is on pace to match or exceed record-breaking 2015 - no end in sight for increasing need for quality warehouse space. Copenhagen Edinburgh Frankfurt Gothenburg Hamburg Moscow €65-€80 sq m pa Floorspace under construction increases as developers continue to expand speculative development Available space slides in UK, France, Spain and several CEE markets; estimated European average is no more than 6%. Robust Short-term Supply of total stock >9% Netherlands Russia

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