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Articles - Central Europe

Limited move to speculative industrial development

International companies are increasingly looking to acquire industrial and logistics premises in Central Europe with the resulting rise in demand in the industrial sector. Despite these positive indicators, major regional industrial developers who have sites across CEE are following cautious development strategies, driven by built-to-suit projects with very limited speculative construction. This could result in a shortage of available industrial premises in the view of many analysts.

Central Europe’s opportunity lies in the co-operation of regions

A total of 690,000 sq m of modern manufacturing, logistics and warehousing premises was developed in Central Europe in 2013 representing an investment of more than 330 million euros and creating around 3,700 new jobs in the region. These figures were released today by Cushman & Wakefield, the world’s largest privately-owned real estate adviser.