According to Savills' latest “Nearshoring Index 2024”, for businesses targeting European consumers, locations such as Poland, Portugal and the Czech Republic often provide a rare “Goldilocks” solution – they are low cost, but are part of the European single market, which offers open borders, free movement of capital and stability. As such they continue to perform well on our index and take the top three spots.
Against a backdrop of transportation bottlenecks, geopolitical tensions and ambitious sustainability targets, the logistical shocks from Covid-19 made businesses rethink their global supply chains.
Nearshoring emerged as one of the solutions – the Savills and Tritax EuroBox 2023 European Real Estate Logistics Census found that occupiers highlighted a “reduction in reliance on foreign imports” and a “shortening of supply chains” as the top two changes planned for the next two years.
Against a backdrop of transportation bottlenecks, geopolitical tensions and ambitious sustainability targets, the logistical shocks from Covid-19 made businesses rethink their global supply chains.
Nearshoring emerged as one of the solutions – the Savills and Tritax EuroBox 2023 European Real Estate Logistics Census found that occupiers highlighted a “reduction in reliance on foreign imports” and a “shortening of supply chains” as the top two changes planned for the next two years.
