BNP Paribas: European logistics market picking-up
Germany continues to be the largest single occupier market in Europe. Take-up was boosted by strong manufacturer demand, especially in the automotive industry._x000D_
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Taking into consideration investor demand and yield contraction, Germany had a record 2015. Yields in seven locations fell by an average 100 basis points compared with 2014. Munich remains the most expensive market, with a net prime yield of 5.20 percent. Strong investor demand coupled with the strong take-up being seen suggests growth of the European logistics and industrial sector will continue
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