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This report provides an overview of over 45 industrial markets across Europe, the Middle East and Africa from an occupier's perspective.Occupier activity eased in Q1 2012 driven by increasing caution amid continuing economic uncertainties. Nevertheless, choice remains restricted due to limited speculative development.With choice at low levels, occupiers looking for available space may now need to compromise on quality and/or location or secure built-to-suit agreements.Driven by scarce modern supply, costs are expected to remain broadly unchanged this year despite slowing demand. Increased and sustained occupier caution might however lead to falling costs in a few selected markets.
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27 June 2012