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Industrial & Logistics Market Snapshot | Fall 2022

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Industrial & Logistics snapshot, Fall 2022

Despite the construction cost increase over the past months, construction process is still stable.

Even though some new developments have entered the construction pipeline, construction volumes are lower than in previous quarters.

The low supply of new projects and low vacancy levels have led to notable increase in rental rates.

Given the rising construction costs, multiple developers have delayed the start of construction works and most of the new industrial projects are remaining on paper.

Read full version of industrial and logistics snapshot by clicking on the link below:

Industrial and Logistics snapshot, Fall 2022

Industrial & Logistics Market Snapshot | Fall 2022

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Kaspars Grazulis

Associate Director | Industrial & Land Agency

Riga

After few years with personal projects in May 2010 I started to work in real-estate market.  For more than 4 years I worked in local real-estate company and in September 2014 I made challenging decision aimed to my professional growth and started working for Colliers International. My main field in Colliers is Industrial  & logistics projects and land. 

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