LONDON-The Heathrow submarket here has the highest warehouse rent per sf in the world, at $26.92, according to a Colliers International report. It is followed by Tokyo’s Ariake submarket ($20.69), Oslo ($20.16), Dublin ($19.07) and Singapore ($18.57).

Though the Europe, Middle East and Africa (EMEA) region is expected to show slower growth this year due to a sluggish global economy, Spain, the Netherlands, Austria, Belgium, Sweden, Denmark and the UK are forecasting higher yields. Yields should remain steady in other EMEA markets or possibly show a decline, the report says.

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