High uncertainty among tenants and developers initiated temporary delays in development and leasing processes.
Energy cost increases caused ambiguity among market players, raising concerns about availability of natural gas in the heating season and high utility cost levels. However, the situation stabilised before year end.
High demand and low availability of new speculative industrial projects led to unprecedently low vacancy levels.
Rental rates, especially for new developments, continued to rise.
Read full version of industrial and logistics snapshot by clicking on the link below:
