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When it comes to development and demand, the Central European logistics and industrial markets have been thriving. That said, total stock in the region is still low by European standards, according to analysts, with resulting development potential in many markets, some with very low vacancy rates.
Budget 2024: Experts in the logistics sector experts expect that tax burdens should be reduced on fuel and operations as it would further support the financial sustainability of courier companies, fostering a conducive environment for cost-effective operations.
Warehouses act as strategic buffers for storing goods and materials to provide stable access to markets during periods of geopolitical tensions and conflicts.
The industrial pipeline is strong, and demand remains high, although vacancy rates are rising in an uncertain economic environment. Logistics and industrial dominate in the Greater Budapest area, while it is mainly light industrial production and assembly space in demand in secondary hubs across Hungary.
The Central European logistics and industrial markets have been thriving with regard to development and demand. However, total stock in the region is still low by European standards, according to analysts, meaning there is plenty of development potential.