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Why the industrial & logistics prime and secondary rent gap is growing
"Despite a fall in take-up in the first half of 2023, the industrial and logistics sector has seen rents remain robust."
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"Despite a fall in take-up in the first half of 2023, the industrial and logistics sector has seen rents remain robust."
"While the US$41.6 billion of investment in the global logistics sector was around 41% down on the year, it was nearly 10% above the equivalent Q2 level in 2019. Investors remain bullish on the long-term prospects for the sector, suggesting bust will not follow boom in the next 12 months"
"Mark Russo, Senior Director, Head of Industrial Research, North America, shares his views"
"Our latest quarterly reviews of global office and logistics capital markets explore the appetite for deal-making across key EMEA, North America, and Asia Pacific markets, amid a challenging macroeconomic environment"
"Investors are increasingly cautious when deploying capital into logistics, despite the fact that many institutions continue to openly back the sector"
"We are in a strong occupier market, with low vacancy rates and rental growth at a moderate pace. The market is preparing to come back stronger in a more stable and sustainable way once there is more clarity on prices and prime rates."
"Vacancy rate at 6.55%; 0.72 years’ worth of supply left"
"Requirement levels suggest that take-up will rise in H2"
"Supply continues to rise, yet 38% is currently under offer"
"Plenty of dry-powder waiting in the wings"