TAKE-UP DECLINED AS EXPECTED
With a total take-up of 1.38 million m², the german light industrial and logistics markets in the first quarter of 2019 remained around 22 % below previous year's figure. Against the background of last year's new all-time high, however, this development is not surprising. Despite the relatively significant decline, this is still a solid start to the year, as evidenced by the fact that the ten-year average was surpassed by just under 8 %. Demand remains high and is stimulated not least by the consistently positive development in the retail sector, especially e-commerce. As some major demands could not be realised, take-up would probably have been even higher if there had been a bigger supply.
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