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France Logistics Market Dynamics, Q3 2024
Summary and analysis of France's current logistics market conditions
26 novembre 2024
Contributors:
- Soline Vinçon
By the end of Q3 2024, the French logistics real estate market saw total take-up reach 2.1 million sq m, -27% lower than over the same period last year. There was reduced activity over the summer season with a marked slowdown and just 512,000 sq m of takeup over the quarter.
The number of transactions followed a similar trend with 121 recorded over the Q1-Q3 period, down by -35% compared with the same period last year (187 transactions).
Prime rents in Paris rose to €78 but remained stable in other markets along the Logistics Corridor.