THE EUROPEAN LOGISTICS MARKET - BNP Paribas Real Estate

8 PROPERTY REPORT - THE EUROPEAN LOGISTICS MARKET - MARCH 2012
Occupier logistics market - Warehouses over 5,000 m²
Cities
Take-up (m 2 ) Prime Rents (€/m 2 /year)
2011 2010 % change Q4 2011 Q4 2010 % change
Paris 1,167,000 842,600 53 52
Birmingham 784,194 873,660 75 69
London & South East 599,689 637,965 163 163
Hamburg 446,000 405,000 67 66
Manchester 436,737 456,154 66 66
Frankfurt 402,000 233,000 74 66
Lyon 332,400 197,700 44 44
Barcelona 320,100 227,848 63 78
Berlin 303,000 292,000 56 56
Sheffield 288,835 315,684 63 63
Antwerp 281,137 192,751 43 n.a. n.a.
Leipzig 281,000 67,000 51 51
Madrid 254,700 262,969 66 60
Lille 225,000 166,900 43 43
Munich 207,000 153,000 74 74
Marseille 194,200 81,300 42 45
Cardiff 189,708 98,291 63 69
Bristol 158,957 175,865 82 82
Düsseldorf 157,000 80,000 61 59
Cologne 137,000 94,000 58 55
Newcastle 115,943 106,838 66 66
Lisbon 44,750 115,325 60 60
Constant Exchange rates £/€ = 1,166
Investment market - Western Europe
Cities
Total investment (€ million) Industrial* investment (€ million)
2011 2010 2011 2010 % change
United Kingdom 35,511 40,088 4,082 4,331
Germany 23,521 19,573 1,166 1,240
France 17,211 13,657 973 782
Sweden 6,008 4,442 1,263 705
The Netherlands 5,305 5,960 729 749
Italy 4,286 4,277 160 173
Spain 2,542 4,674 213 224
Norway 2,191 1,810 210 422
Austria 1,610 1,800 70 55
Belgium 1,599 1,163 145 59
Denmark 1,280 977 80 77
Finland 1,225 1,304 210 145
Luxembourg 368 345 2 20
Portugal 248 727 27 250
Total 102,904 100,796 9,329 8,482 +10%
Constant Exchange rates £/€ = 1,166
* Light industrial premises and warehousing