02/02/18

2017 take-up of logistic warehouses exceeds 450.000 sqms

Q4 2017 closed with a very positive annual take-up volume: 459.451 sqm. This figure aligns with the forecast Forcadell anticipated in the Q3 2017 Logistic Market Review for Catalonia, estimating to end the year with a volume of less than 500.000 sqm. The figure implies a 34% drop respect 2016, but it shouldn’t be considered as a slowdown of the Real estate-Logistic activity, since in the previous year Mango (119.000 sqm) and Amazon (63.000 sqm) had an exceptional impact in the annual balance.
Therefore, 2017 is within the framework of take-up volume and activity level of 2015 and 2016, well above the years before the real estate crisis.

 

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