The main topic of the report concerns industrial and logistics hubs in the EMEA region (Europe, Middle East, and Africa).
Key findings include the adoption of market instability as a structural feature of the global and European economy, improvement in tenant market fundamentals, and increased investor activity amid uncertainty. There is significant interest in high-quality assets in markets or sectors with clear growth opportunities. Rental performance has rebounded since late 2024, especially in key markets driven by e-commerce and reshoring strategies. Rental rates have risen by 5.5% over the past year, outpacing inflation. The vacancy rate in the European logistics market has increased to 6.0%, although it remains significantly lower in key markets.