The recent slowdown in logistics vehicle traffic is consistent with the softness of industrial take-up in the first quarter. Given the supply of industrial property is expected to increase this year, without a decent improvement in logistics vehicle traffic, industrial rental value growth is likely to soften further.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services