Europe's industrial occupational markets showed signs of recovery in Q3 despite continued uncertainty, with aggregate European take-up on a 7-months high.

Resilient demand from manufacturing companies, supported by a wide range of subsectors including food, healthcare, electrical machinery and defence contributed to increased lease activity.

Despite total supply reached the highest level in 10 years, ESG-driven, energy efficient space remains limited, particularly in major markets.

Prime rents stabilized in nearly all markets in Q3 amid further increasing overall supply and weakened rent affordability.

Europe’s industrial investment market achieved the strongest quarter of the year in Q3, pushing 9M volumes 4% ahead on the same period last year.