In 2021, both the number of new green buildings and the "greening" of existing buildings continued to grow dynamically. In particular, the industrial property market is experiencing a real boom, not only for new developments, but also for green logistics and manufacturing sites.
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
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.
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 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
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.
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.
