The industrial property market in Central Europe (CE) is undergoing a growth boom, according to commercial real estate consultancy Cushman & Wakefield. Over a quarter of total modern industrial space on the region’s markets was completed in 2007 alone. The 2.2 million m[sup]2[/sup] of leasable space added last year brings the total to 8 million m[sup]2[/sup]. The most active markets are those in Poland and the Czech Republic, with 1.09 million m[sup]2[/sup] and 817,500 m[sup]2[/sup] delivered in 2007 respectively. With a much smaller market Slovakia accounted for 228,000 m[sup]2[/sup] while due to lower investor confidence Hungary gained a lower 123,000 m[sup]2[/sup] of new industrial facilities.
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