C&W: Istanbul one of few European logistics markets where rentals fell in year to June

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In its latest (2Q15) publication, ‘Marketbeat: the DNA of Real Estate’, Cushman & Wakefield (C&W) noted that Istanbul was one of the few European logistics markets where rents fell over the 12 months to the end of June. Over that period, prices fell by 9.1% to USD7.00/ square metre/ month. C&W thinks that the short term prospects are negative. Current rental yields are 9.00%.

Source : August 2015/ C&W/ Milan/ IND