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The Global Industrial Logistics markets were quiet, with little change in the top rankings by rent level relative to the previous quarter, as many occupiers waited for clearer indications that global economic demand and trade had strengthened. Additionally, availability for prime spaces with large floor plates remained limited, leaving occupiers who wished to consolidate few viable options. Low development pipelines have nevertheless served to buoy rents across the globe’s most expensive prime Industrial Logistics markets.
Source : CBRE
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