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Greece : Industrial Snapshot - Q3 2013

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Greece : Industrial Snapshot - Q3 2013

The Greek industrial market has remained quiet over the past quarter, with the ongoing economic uncertainty slowing the market. Consequently, this is having an ongoing negative effect on industrial output and production. Therefore, space requirements are from those occupiers looking to relinquish space by moving to cheaper premises rather than active expansionary demand. However, owing to competitive landlord incentives, prime logistic rents were unchanged over the quarter.

Source : Cushman & Wakefield

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