The main theme of the report is the state and prospects of the logistics real estate market in Europe in 2025 amid macroeconomic instability.
Key findings include: Despite volatility, the logistics real estate market demonstrates structural resilience. There is a 6.25% decrease in warehouse leasing transactions in the first half of 2025 compared to pre-COVID norms. Investment volumes fell by 22% compared to the second half of 2024 but remain 11% above long-term averages. Logistics assets account for 22% of the total capital invested in European real estate. Ongoing cost pressures, especially on energy and labor, as well as rent inflation and electricity supply constraints are noted. There is increasing interest in Central and Eastern European markets, such as Poland and the Czech Republic. The importance of ESG regulation and accelerated AI adoption is emphasized.