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European Industrial Market Conditions - Q3 Rents (€/sq m) <€50 sq m pa Antwerp Athens Budapest Bucharest Lille Lisbon Lyon Prague Warsaw €50-€65 sq m pa Belgrade Berlin Bratislava Brussels Istanbul Madrid Milan Paris St Petersburg Rotterdam Zagreb >€80 sq m pa Amsterdam Birmingham Barcelona Helsinki London Manchester Moscow Oslo Stockholm €65-€80 sq m pa Copenhagen Dublin Frankfurt Gothenburg Hamburg Munich European Industrial Market Conditions - Most Competitive Opportunities Robust Short-term Supply Hungary Sweden Russia Low Property Costs (per sq m) Romania Serbia Slovakia Croatia France Turkey European Industrial Market Conditions - Occupier Incentives 0.5 month free Germany, UK 1 month free France, Russia, Netherlands, Sweden, Finland, Hungary 1.5 month free Italy, Poland, Czech Republic 2+ months free Croatia, Serbia, Spain Average months free in a calendar year on a standard lease. COPYRIGHT © JONES LANG LASALLE IP, INC 2015 All rights reserved. No part of this publication may be reproduced or transmitted in any form or by any means without prior written consent of Jones Lang LaSalle. It is based on material that we believe to be reliable. Whilst every effort has been made to ensure its accuracy, we cannot offer any warranty that it contains no factual errors. We would like to be told of any such errors in order to correct them. This summary of European Industrial Occupier Conditions leverages JLL’s research, economic insight and statistics, providing an overview of real estate occupancy trends in EMEA. Please feel free to share your feedback and contact us with any questions. For more information Alexandra Tornow EMEA Logistics & Industrial Research [email protected] < €70 > 9.5% European Corporate Occupier Conditions Logistics & Industrial | Q3 2015 At a glance Retail sector sees spike in demand and leads all other sectors across region in Q3 With high demand and low vacancy, prime supply is increasingly limited across Europe Ryan Loftus EMEA Logistics & Industrial Research [email protected] Prime rents climb in recover- ing Spanish markets and in UK, but most markets see no rental growth Demand stays high as take-up slightly grows and exceeds 4.3 million sq m for second quarter in a row of total stock Speculative develop- ment still down in Europe despite increase in UK and Poland

European Corporate Occupier Conditions – Industrial Q3 2015

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Page 1: European Corporate Occupier Conditions – Industrial Q3 2015

European Industrial Market Conditions - Q3 Rents (€/sq m)

<€50 sq m pa

AntwerpAthens

BudapestBucharest

LilleLisbonLyonPragueWarsaw

€50-€65 sq m pa

BelgradeBerlinBratislavaBrusselsIstanbulMadridMilanParis

St PetersburgRotterdam

Zagreb

>€80 sq m pa

Amsterdam

BirminghamBarcelona

HelsinkiLondonManchesterMoscowOsloStockholm

€65-€80 sq m pa

CopenhagenDublinFrankfurtGothenburgHamburgMunich

European Industrial Market Conditions - Most Competitive Opportunities

Robust Short-term Supply

Hungary Sweden Russia

Low Property Costs (per sq m)

€ Romania

Serbia

Slovakia

Croatia

France

Turkey

European Industrial Market Conditions - Occupier Incentives

0.5 month freeGermany,UK

1 month free France, Russia, Netherlands, Sweden, Finland, Hungary

1.5 month free Italy,Poland,Czech Republic

2+ months freeCroatia, Serbia,Spain

Average months free in a calendar year on a standard lease.

COPYRIGHT © JONES LANG LASALLE IP, INC 2015 All rights reserved. No part of this publication may be reproduced or transmitted in any form or by any means without prior written consent of Jones Lang LaSalle. It is based on material that we believe to be reliable. Whilst every effort has been made to ensure its accuracy, we cannot offer any warranty that it contains no factual errors. We would like to be told of any such errors in order to correct them.

This summary of European Industrial Occupier Conditions leverages JLL’s research, economic insight and statistics, providing an overview of real estate occupancy trends in EMEA. Please feel free to share your feedback and contact us with any questions.

For more information

Alexandra TornowEMEA Logistics & Industrial [email protected]

< €70

> 9.5%

European Corporate Occupier ConditionsLogistics & Industrial | Q3 2015

At a glance

Retail sector sees spike in demand

and leads all other sectors across region in Q3

With high demand and low vacancy, prime supply is

increasingly limited across Europe

Ryan Loftus EMEA Logistics & Industrial [email protected]

Prime rents climb in recover-ing Spanish markets and in UK, but most markets see no

rental growthDemand stays

high as take-up slightly grows and exceeds 4.3 million sq m for second quarter in a row

of total stock

Speculative develop-ment still down in Europe

despite increase in UK and Poland