{
  "docId": "019dd923-5e88-73ef-bd59-3b6bab73ddeb",
  "docSlug": "b558a119bfa2c54e",
  "documentTitle": "20230608 172439 CWCU 9YRZMYZ26FO0PKXJ.1",
  "authorId": "MorganStanley",
  "authorName": "Cromwell European REIT",
  "documentKindSlug": "consulting-deck",
  "documentKindLabel": "Consulting deck",
  "sourceTypeSlug": "equity_research",
  "sourceTypeLabel": "Equity research",
  "presentationDate": null,
  "orientation": "landscape",
  "aspectRatio": 1.778,
  "pageNumber": 19,
  "pageCount": 45,
  "prevPage": 18,
  "nextPage": 20,
  "slideType": "industry_trends",
  "function": "analyze_data",
  "density": "overcrowded",
  "nDataPoints": 80,
  "notes": "The slide uses a combination of bar and line charts to illustrate market dynamics. The 2.3% vacancy rate is highlighted as a key metric.",
  "elementsJson": [
    "headline_text",
    "subtitle_text",
    "bar_chart_grouped",
    "bar_chart_stacked",
    "bar_chart_vertical",
    "line_chart",
    "footnote"
  ],
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019dd923-5e88-73ef-bd59-3b6bab73ddeb/19",
  "deckHref": "/decks/019dd923-5e88-73ef-bd59-3b6bab73ddeb",
  "deckJsonHref": "/decks/019dd923-5e88-73ef-bd59-3b6bab73ddeb.json",
  "deckAnchorHref": "/decks/019dd923-5e88-73ef-bd59-3b6bab73ddeb#slide-19",
  "components": [
    {
      "bbox": null,
      "kind": "callout",
      "text": "Logistics: record low 2.3% market vacancy and continued rent growth",
      "attrs": null,
      "subkind": null,
      "toolName": "Visual emphasis",
      "toolSlug": "visual-emphasis",
      "confidence": null,
      "componentId": "019dd952-340c-7065-8a5c-1f4876e97bae",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.35,
        "w": 0.4,
        "x": 0.55,
        "y": 0.2
      },
      "kind": "chart",
      "text": "Continued growth in share of e-commerce sales (% of total sales)",
      "attrs": null,
      "subkind": "bar-stacked",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "d0cf9ba9-6367-4098-8164-a66f053808c4",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.25,
        "w": 0.45,
        "x": 0.03,
        "y": 0.6
      },
      "kind": "chart",
      "text": "Average q-o-q market rent growth3",
      "attrs": null,
      "subkind": "bar-vertical",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "90a09b4a-74dd-4a0f-ac12-ec5b5ea18edc",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.25,
        "w": 0.4,
        "x": 0.55,
        "y": 0.6
      },
      "kind": "chart",
      "text": "Vacancy rates on a country basis (1Q 2023, %)",
      "attrs": null,
      "subkind": "bar-vertical",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "d0d08ba2-9a53-4728-b9a1-763199ea3b00",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.35,
        "w": 0.45,
        "x": 0.03,
        "y": 0.2
      },
      "kind": "chart",
      "text": "Quarterly take-up and average vacancy rates",
      "attrs": null,
      "subkind": "bar-vertical",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "eceb0624-38a8-4e40-984b-92aa52d82329",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": null,
      "kind": "metric",
      "text": "Market vacancy rate: 2.3%",
      "attrs": null,
      "subkind": "primary",
      "toolName": "Quantification",
      "toolSlug": "quantification",
      "confidence": null,
      "componentId": "019dd952-340c-7065-8a5c-2285f2ba04ef",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.7,
        "x": 0.15,
        "y": 0.9
      },
      "kind": "source-note",
      "text": "Source: CBRE, 1Q 2023. 1. CEREIT's countries with exposure to logistics... 2. Take up covers... 3. Average quarterly logistics vacancy rate...",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "7b2a45db-d7ac-428a-8454-2d6598adfb1d",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.03,
        "w": 0.6,
        "x": 0.03,
        "y": 0.12
      },
      "kind": "subtitle",
      "text": "Take-up2, vacancy rates and market rent growth3 in CEREIT's countries1 with exposure to logistics",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "533db46e-0202-4ea9-8c64-28fe965a945b",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.04,
        "w": 0.9,
        "x": 0.03,
        "y": 0.06
      },
      "kind": "title",
      "text": "Logistics: record low 2.3% market vacancy and continued rent growth",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "ada060d7-d9f7-47b1-aed9-135d4d1bcf12",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [],
  "arcBeats": [
    {
      "to": 21,
      "from": 9,
      "beatId": "f3f0b25f-ed1e-4d4a-b5bd-ba666df6e9b7",
      "arcName": "Monroe's Motivated Sequence",
      "arcSlug": "monroes-sequence",
      "beatName": "Satisfaction",
      "beatSlug": "monroes-sequence-satisfaction",
      "evidence": "Resilient portfolio performance and financial highlights",
      "position": 2,
      "confidence": 0.8,
      "parentBeatName": "Turn",
      "parentBeatSlug": "turn"
    }
  ],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}