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Research

Report

The Logistics Market in Italy H1 2012


2012 emerging as the most difficult year for the Italian economy since the beginning of the crisis, with a severe contraction of both consumption and industrial production
Healthy take-up activity and slowdown in development contributing to a reduction in vacancy rates across prime locations. H1 2011 has seen a take-up of just over 460,000 m² of warehousing space, up 12% on H1 2012
Substantial slowdown in completions, with a total of approximately 102,000 m² new warehousing space delivered. Further delays are expected for the rest of the year due to limited credit available to developers
Very limited supply of “Grade A” investment opportunities and weak demand by investors leading to just €40 million totally invested over H1 2012

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