The industrial investment market recorded a transaction volume of CHF 120 million in H1 2022. SPGI expects a larger share of industrial transactions throughout the years. Strong investor demand will continue to squeeze the prime gross yield, which currently remain close to 4.5%.
The industrial market is predominantly owner-occupied, despite a new structuring by the FTI, leading to a greater share of multi-tenant mixed-use buildings. SPGI has totted up a pipeline of industrial projects approaching 300,000 sqm over the next 4 years. Meanwhile, the year-on-year availability rate has stagnated and stands at 2.0% at the end of 2021.