CEE industrial rents to trail the rest of Europe

The CEE industrial market cooled in 2023 as economic activity stagnated. This year will herald an economic recovery but we don’t think it will be stop the rent growth slowdown. Demand is anticipated to rebound only tentatively and supply is still strong, which will push up vacancy. Compared with elsewhere in Europe, we expect prime rent growth in CEE will be the slowest over 2024-25.

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