Take-up
Over 9 months, the market remained at a low level in 2025 in the leading European markets. In a context of slow economic activity and strong political uncertainties, there are great disparities and positive signs within Europe.
Prime Rents
Prime rents rose by 4.5% during Q3 2025 (y-o-y) in a panel of 46 markets covering 22 countries.
Some cities continue to see rents expand but overall, the market slowdown in 2024 and early 2025 resulted in limited rental growth.
Investment
Improved general market conditions compared to 2023 and 2024, stimulated by the return of portfolios in 2025.
Prime Yields
Logistics prime yield expansion over the past two years has ceased with moderating inflationary pressure and long-term government bond yields hitting a ceiling.