4 Average Employment Costs Charges = employer's payroll costs such as social security, pension premiums, insurance and other taxes (gross estimates Le Havre 48,5%, Antwerp 33-38%, Rotterdam 45%) Logistics warehouse with 30 employees in the port area (cost = average base salaries + charges, rounded up to closest 500€/year)
6 Average Employment Costs Average Employment Costs Le Havre = Base 100
7 Average Rental Costs Rental charges include property management, maintenance and repair charges, but not taxes. *In the Netherlands, the long term charges are supported by the landlord and included in the rent: tenants pay for short term charges at an average of 2-3.5%, depending on the configuration an service provided in the building/business park (for the purpose of this benchmark/type of property, we have taken an average figure of 3%). New generation logistics warehouse of 10 000 sqm in the port area (rent + charges, in €/year)
14 Labor availability « Lower secondary » = left school at 16, « Intermediary » = has a school certificate (left around 18), « Tertiary » = has a higher education degree Statistics apply to the regional areas=Le Havre/Haute Normandie, Antwerp/NUTS2 and Rotterdam/Zuid Holland Numbers for qualifications do not add up to 100% because some qualifications may apply to more than one level or may not apply
42 COPYRIGHT DTZ Consulting & Research 2003 This report should not be relied upon as a basis for entering into transactions without seeking specific, qualified, professional advice. Whilst facts have been rigorously checked, DTZ Consulting & Research can take no responsibility for any damage or loss suffered as a result of any inadvertent inaccuracy within this report. Information contained herein should not, in whole or part, be published, reproduced or referred to without prior approval. Any such reproduction should be credited to DTZ Consulting & Research.