The I&L sector in the CEE-17 becomes one of the most sought-after asset types
According to Colliers International, CMS and Randstad recent report “ExCEEding Borders: Industrial & Logistics Market in CEE-17” the I&L sector has become one of the most sought-after asset types after the office and residential sectors. The report revealed that some of the key challenges in this sector include the availability of land and property in locations that meet both the developers and end-user expectations, along with the availability and reliability of utilities, connectivity to transport infrastructure, the availability and skills of the labour pool, and access to investment incentives. Industrial and logistics real estate markets across the CEE-17 region are all at different stages of maturity, both in terms of size and the pace of development. The total supply of modern Industrial and Logistics (I&L) stock across the CEE-17 is well over 50 million sqm in total. From this supply, the current availability can be categorized as low, with the majority of markets recording vacancy rates of below 5 percent….
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