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Q4 2023: Decrease in volumes of active construction and rise in Shell-and-Core space reflects current market conditions and possible obstacles in the future.

Q4 2023: Decrease in volumes of active construction and rise in Shell-and-Core space reflects current market conditions and possible obstacles in the future.

25/01/202425/01/2024 IRFPress release

Industrial Research Forum Announces Industrial Market Figures for Q4 2023 Modern industrial stock reached 11.7 million sqm, as over 271,600 sq m of new space was delivered to the market. Demand for industrial space picked up this quarter, reaching nearly…

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Recent Posts

  • Q4 2024: New supply dropped below the 5 year average due to construction delays and developers intentionally delaying completion when a suitable pre-lease is not found.
  • Q3 2024: Space under construction is significantly larger than new supply so far in 2024
  • Q2 2024: With over 117,000 sq m completed, the modern industrial stock reached the milestone of 12 million sq m
  • Q1 2024: The vacancy rate slightly increased as slowing demand pressures the market
  • Q4 2023: Decrease in volumes of active construction and rise in Shell-and-Core space reflects current market conditions and possible obstacles in the future.

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