The strong decline of the economic climate continues to weigh heavily on the French logistics sector. Furthermore, a recent dip in consumption is linked to rising unemployment and the effects of the ongoing austerity policies. Consequently, occupier demand has remained weak over the quarter, and prime rents are unchanged throughout the country. The outlook is for the economy to stabilize towards the end of the year, which will assist the manufacturing sector and a possible rise in exports.
Source : Cushman & Wakefield