Exchange Rate For Euro: Poland & Turkey to Benefit From Euro Logistics Boom

July 5th, 2012

Exchange rate for euro may not be at its best given the current euro debt crisis but this does not mean that there aren’t opportunities for investment within Europe, times of crisis often open doors. At the moment, two European countries with promise are Poland andTurkey, who look set to benefit from a major European logistics boom.

European industrial property, in particular logistics property is set to undergo a major boom within the next decade. Planned infrastructure development projects within the EU, mean that Poland and Turkeywill benefit the most. Turkeyis already thriving from tourism at the moment as a result of poor exchange rate euros, meaning travellers are avoiding Europe in favour of destinations like Turkey, where good money exchange rates can be enjoyed. All of these factors are making Turkey an excellent property investment prospect. Property prices are currently relatively low but as Turkey’s economic climate continues to flourish, these prices are likely to soar over coming years and this could represent a flight to safety for investors.

New infrastructure and supply chains across Europe will be heavily influenced by economic growth. In particular Poland is destined to become a major player; it has the advantage of having recently benefited from new infrastructure, manufacturing investment and consumer demand growth.

Istanbul is already a part of the European rail network, and has an additional 14,336 km of track development planned over the next 10 years, which will encourage freight through the South Easterly European border.  This coupled with the development of new deep water ports in Turkey will facilitate the increase of transhipment in the eastern Mediterranean.

Within the next 10 years ports within the North Adriatic will play an important role as they expand their capacity for containers in response to increased trade between Europe andAsia, which will create the opportunity for new supply chains. It is expected thatChinaandIndiawill play an ever increasing role in world trade over the course of the next decade. This will hopefully have a positive impact on euro exchange rates as more and more freight can arrive at European ports and then make its way across the continent.

Increased manufacturing output from Asia will flow through Europe’s main logistics entry points which include Turkey and Poland. Logistics is predicted to become one of the biggest sectors for these countries over the next 10 years, who will in turn likely become excellent commercial and domestic property investment havens, as jobs increase and economies flourishes.