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Momentum continued in Industrial & Logistics and Living sectors in Q1 2021 across EMEA region

Momentum continued in Industrial & Logistics and Living sectors in Q1 2021 across EMEA region but many countries saw investment volumes half in comparison to Q1 2020

Capital from the APAC region secured a dominating 52% share of I&L volumes in the CEE region in 2020 followed by EMEA and US capital

According to Colliers, a leading diversified professional services and investment management firm, gross demand for industrial and logistics space over 2020 recorded ca. 9 million sq m, a YoY growth of almost 25% on average.

October and November stand out as either the first and second most relevant months for most EMEA countries in terms of production activity

Reduced output in March & May in the automotive sector could change the typical activity curve in 2020, with busier summer months ahead to make up for lost time.

The COVID-19 crisis is expected to accelerate change in global supply chains, manufacturing and online retailing that could benefit the European property markets

The coronavirus pandemic has highlighted that although supply chains had reached extremely high and efficient levels of quality, throughput and to some extent cost, there is very little room for error

Industrial and Logistics will become the new preferred segment by investors in current times

Residential tops the sectors in one deal cross the CEE region but, offices (27% share) have maintained their place in the order of preference, closely followed by Industrial and Logistics (26% share) in Q1 2020.

Positive Occupier Sentiment on Industrial and Logistics market

According to Colliers International’s EMEA Industrial & Logistics Hubs report, demand for industrial and warehouse property rose in 50% of EMEA markets in 1H 2018, up from 35% in 2H 2017, driven by positive occupier sentiment, and despite challenges in the overall economy such as protectionism fears and trade tensions between the US and close trading partners in the EU.

Can we run out of available warehouses by the end of the year?

Although nearly 120,000 square meters of new industrial / logistics space was delivered in 2017 - almost the double of the figure delivered in 2016 - it may still occur that by the end of the year the available warehouse units with 5,000 square meters space will disappear from the Budapest market and its surrounding area, according to Colliers International's latest industrial property market report.

Colliers Industrial Agency welcomes new Associate

Colliers International Hungary is pleased to announce, that Erika Valálik joined the Industrial Agency Team as Associate, from February 2018.