Europe's logistics occupational market recorded resilient take-up in H1 albeit lease activity dented by trade and geopolitical uncertainty maintained a ‘go-slow’ approach in Q2.

E-commerce tailwinds and Europe’s industrial transformation supportive of demand levels.

Regional supply disparities continue to grow, with modern space remaining tight in major locations.

Continued rental growth in prime markets sustained by new build assets setting new benchmarks.

A notable increase in the industrial investment pipeline should translate into rising volumes in the second half of 2025, driving selective yield compression.