14:51 28 September 2024
Savills Nearshoring Index Identifies Top Locations for Shorter Supply Chains
Portugal, the Czech Republic, Poland in Europe, Japan, and Singapore in Asia, and Canada in the Americas are among the best locations for industrial tenants seeking nearshoring opportunities, according to Savills' latest Nearshoring Index 2024. The index ranks 26 countries based on factors critical for companies looking to shorten or diversify their supply chains and reduce dependence on imports.
However, the index’s authors note that depending on tenants’ priorities, other locations further down the list may be preferred for their environmental performance or business conditions.
“Investors and developers in Poland's logistics real estate sector have recently benefited from increased tenant activity. The sustained popularity of the nearshoring trend is one reason for the 19 percent increase in total gross demand in the first half of the year, compared to the previous year,” Małgorzata Lińska-Bator, Investment Advisory Director at Savills, said.
(WBJ)
