Research

INDUSTRIAL & LOGISTICS 
Market Overview Belgium 
Mid-Year 2023

Stabilization so far in 2023 after previous outstanding year

July 19, 2023

Mathieu Opsomer

Head of Industrial & Logistics Leasing Belux
+32 (0)3 201 59 43

Occupier market : after the outstanding volume taken up in occupation in both semi-industrial and logistics during 2022, the transaction volume realized in the first half year of 2023 is, as expected, lower. The vacancy remains low.

The investment market is currently being driven by the semi-industrial segment that has, despite the lower total investment volume realized in H1 2023, exceeded the volume realized in H1-2022 by almost 20 %.

Further yield decompression is still expected in the second half of the year, although stabilization is anticipated in 2024. 

Are you an occupier or an investor interested in more details on the Belgian industrial and logistics property market?
Click on the button below to view our mid-year overview.

Enjoy reading !

Fill out this form to download report

There was an error submitting the form. Please try again. 

 

PRIVACY NOTICE

Jones Lang LaSalle (JLL), together with its subsidiaries and affiliates, is a leading global provider of real estate and investment management services. We take our responsibility to protect the personal information provided to us seriously.

Generally the personal information we collect from you are for the purposes of dealing with your enquiry.

We endeavor to keep your personal information secure with appropriate level of security and keep for as long as we need it for legitimate business or legal reasons. We will then delete it safely and securely. For more information about how JLL processes your personal data, please view our privacy statement.

You may also like

EMEA | Investor | May 14, 2024 | Industrial and Logistics | Industrial

European logistics market update Q1 2024

The European Logistics Market Update explores occupier demand, rental performance, investment market and yields across Europe.

EMEA | Investor | May 14, 2024 | Industrial and Logistics

Warehousing Retrofitting

Learn how warehouse retrofitting bridges legislation and stakeholder initiatives. Explore JLL's report on retrofit options for green compliance and occupier demand.

Global | Workplace | May 08, 2024

Global Occupancy Planning Benchmarking Report 2024

View global and regional occupancy data, and see how your organization compares