Take-up in the industrial and logistics real estate market in Europe 2012- H1 2024
The annual take-up of large warehouses in Europe's six largest markets declined for the second year in a row in 2023 after peaking in 2021. In the first half of 2024, the volume of large industrial and logistics facilities transacted amounted to 8.8 million square meters-less than half of 2023 levels. The decline reflects a weaker economic environment, but also a normalization in occupier demand.