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Tight credit has thinned the ranks of industrial property buyers in western Europe, but demand from occupiers is still strong, and savvy players are looking for the right buy
This time last year, western Europe's industrial and logistical property sector was booming. High yields combined with the low cost of finance attracted a surge of buyers, with 15 to 20 bidders for every property.A year on from the credit crunch, the market is in a state of paralysis. Opportunistic investors are sitting on the sidelines, waiting for someone to call the bottom of a market in the middle of a price correction.As the market contracts, some observers predict that principal ...