World’s most expensive – and cheapest – logistics spaces

Heathrow Airport is the most expensive place in the world if you want to rent a warehouse, while Asia Pacific has some of the lowest cost sites for logistics space. This is the conclusion of a report from commercial estate agents DTZ titled, 'Global Occupancy Costs Logistics 2013', according to Transport Intelligence’s latest Logistics Briefing.
The DTZ report states that South East England is generally a very expensive place for logistics property, with Oslo the only comparable location in Europe. Only cities such as Hong Kong and Singapore, amongst major logistics locations, are more costly, with smaller locations in Russia, Switzerland or Norway rivalling it.
However, Asia-Pacific also has some of the lowest cost sites for logistics property in Wuhan, Chengdu and Shanghai.