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www. euv aluer sal l ianc e.c om eur opeanl ogi sti cs Q1-2023mar ket :rent Key- LocalCur renc y/m2/ peryear (exc eptforGBinsqft /yr) Pr ime Sec ondar y Sec ondar ytr ends Stabl e Negative Posit ive Comment s Primerentsgrew slowerov erQ12023wi t honlyCrete at+10%,t hePor t oar eaat+11% andVal enci ashowing double- digiti ncreas es.Thats aid,23marketsst il l showedpos it iverent algrowt hand16s howedstabi li ty overthequarter.Onl ytwomar ketsshoweddropsin rentswit hbot hBer neat- 3% andOs l oat-6%. Forsec ondar yrent s,t hes igni fi cantquarter lymover s werePatr awhic hsaw i tslowerquarti lerentmovefr om 28to32€/m²andRot terdam from 50to55€/m². Si gnif icantupperquar ti leinc reaseswereseeni nRot ter - dam f rom 60t o75€/m²,Val enci afrom 46. 2to57€/ m², Amsterdam fr om 62. 5to75€/ m²andLondonby10%. Theonlyquarter lyfal lsregi steredwereinOs loandVa- l enci awhi chsaw t heirlowerquarti lefal l-6and-4% re- spec tivel yandLondonandOs lowhichsaw upper quar til efall sof-8and- 6% r es pect
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