Industrial Space Across the World 2010

Summary:

According to a research conducted by Cushman & Wakefield, commercial rents on industrial property fell by an average of 5.5% in 2009 following an unprecedented fall in consumer demand for goods during the global recession. While supply rose on the back of occupiers offloading surplus space, development of new space was limited and dominated by build to suit activity in core areas. Many markets were still undersupplied with good quality modern space and this helped support rental values as demand waned. This global measure of economic performance in their latest Industrial Space Across the World report, shows that all regions of the world suffered compressed rents for the first time in the report’s 15 year history.

This edition of Industrial Space Across the World provides a detailed analysis of prime industrial property rental performance and occupancy costs across the globe in the twelve months to December 2009.

To read the full report, click on the following link or visit Cushman & Wakefield for more information.