Research

Industrial & Logistics Market Pulse Belgium Autumn 2020 

Industrial market at slightly lower speed after peaking in first half of the year

  • After the high take-up volumes in the first half of the year induced by the coronacrisis, the take-up of industrial and logistics properties fell slightly during the Summer months: the transaction volume after 9 months performed 3% below the 5-year average.
  • Availability remains historically low; build-to-suit buildings remain the norm.
  • Rents are under upward pressure due to low immediate availability and the rising land prices and building cost.
  • In the investment market, the prime yield fell to a historical low of 4.5% due to high demand and the attractiveness of the segment. The prime yield is still under downward pressure.

 

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