Current conditions remain favourable for corporate logistics and industrial occupiers in Europe despite increased demand and increasingly limited supply. JLL takes a quick look where conditions are most favorable and other trends impacting corporates.

1. European Industrial Market Conditions - Year-end Rents (€/sq m)
<€50
sq m pa
Antwerp
Athens
Budapest
Bucharest
Lille
Lisbon
Lyon
Prague
Warsaw
€50-€65
sq m pa
Belgrade
Berlin
Bratislava
Brussels
Istanbul
Madrid
Milan
Paris
Rome
St Petersburg
Rotterdam
Zagreb
>€80
sq m pa
Amsterdam
Birmingham
Barcelona
Helsinki
London
Manchester
Moscow
Munich
Oslo
Stockholm
€65-€80
sq m pa
Copenhagen
Dublin
Edinburgh
Frankfurt
Gothenburg
Hamburg
European Industrial Market Conditions - Most Competitive Opportunities
Robust Short-term Supply
Hungary Netherlands Russia
Low Property Costs (per sq m)
€ Romania
Poland
Slovakia
Croatia
France
Turkey
European Industrial Market Conditions - Occupier Incentives
0.5 month free
Germany,
UK
1 month free France, Russia,
Netherlands,
Sweden, Finland,
Hungary
1.5 month free Italy,
Poland,
Czech
Republic
2+ months free
Croatia, Serbia,
Spain
Average months free in a calendar year on a standard lease.
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This summary of European Industrial Occupier Conditions leverages JLL’s research, economic insight and statistics, providing an overview of real estate occupancy trends
in EMEA. Please feel free to share your feedback and contact us with any questions.
For more information
< €70
> 9.5%
European Corporate Occupier Conditions
Logistics & Industrial | Q4 2015
At a Glance
Increased supply
in overall construction
pipeline - speculative
development trends upwards in
Czech, Spain, UK
Little growth in prime
rents in 2015; improved
growth expected in 2016
across Europe
Alexandra Tornow
EMEA Logistics & Industrial Research
alexandra.tornow@eu.jll.com
Ryan Loftus
EMEA Logistics & Industrial Research
ryan.loftus@eu.jll.com
Guy Gueirard
EMEA Regional Director, Logistics & Industrial
guy.gueirard@eu.jll.com
Total European vacancy
currently estimated to be
about 6% - lowest level in
current cycle
Strong fourth quarter
elevates 2015 to highest
single year for take-up on
record: over 17 m sq m
of total stock
Favourable conditions
continue for corporates to
lease warehousing space in 2016