The difficulties surrounding the Portuguese economy continued to weigh heavily on the industrial market in Q2 2013. Indeed, conditions within the domestic economy have been a drag on the typically importdriven industrial sector, causing a shift towards exports which have grown through the first half of the year. Further, land sales have ground to a halt, and occupier demand rests on cost cutting strategies. A subdued market has kept prime rents unmoved.
Source : Cushman & Wakefield