Despite the rebalancing of the global economy, around 1.5 million square metres of modern industrial space was let in the Central European region in 2009. The figure is comparable with that of France, considered to be the largest industrial real estate market in Europe, which saw 1.6 million square metres of take-up last year.

According to experts of real estate agency Cushman & Wakefield, Central Europe’s advantages are cheaper educated labour force, a favourable position in close proximity to Western Europe, and the population’s relatively high purchasing power. In addition, compared to Western Europe, the region has immense potential for consumption growth, which further enhances the industrial real estate sector.