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Norway : Industrial Snapshot - Q2 2013

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Norway : Industrial Snapshot - 2Q 2013

Although Norwegian exports have suffered over the first half of 2013, this was primarily due to the easing in orders for the country’s oil and gas supplies while domestic consumption remained robust, which continued to support the logistics and distribution sector. The overall industrial output in Q2 posted negative year-on-year  growth, however, the month-on-month figures in May and June were showing positive growth, implying a brighter outlook. Activity in the industrial property market proved healthy during the quarter, driven primarily by the logistics sector and resulted in sustained rents and yields across the board.

Source : Cushman & Wakefield

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