CENTRAL EUROPE BOOSTS INDUSTRIAL REAL ESTATE MARKET
Date: 8.3.2010
Company: ?
Central Europe continues to play a significant role on the industrial real estate map, and despite the rebalancing of the global economy, the market saw a number of major transactions; last year, around 1.5 million square metres of modern industrial space was let in the Central European region.
The figure is comparable with that of France, which saw 1.6 million square metres of take up last year, and is considered to be the largest industrial real estate market in Europe.
In comparison with previous years, supply in Western Europe is very low, and the same applies to take-up. Although both the building and leasing activity in Central Europe has decreased, the 2009 year performance was the third best over the past decade.
...for more details please see the press release attached.
Should you have any questions please feel free to contact Ferdinand Hlobil at ferdinand.hlobil@eur.cushwake.com , phone +420 234 603 603 or visit www.czech-industrial.cz.
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