Logistics sector in Madrid, Barcelona showing upward trend

Logistics sector in Madrid, Barcelona showing upward trend

Published at: 2017-01-17 10:06 | Author: CIJ Journal
In a sign of improving retail sales and internal consumption on the Spanish market, a total of 410,000 sqm of logistics space was leased in 2016 in Madrid, while 645,000 sqm was taken in Barcelona, according to local news reports. Prime rents were around €5/sqm/month in Madrid and are expected to rise this year. In Barcelona, prime rents currently stand at €6/sqm/month, having increased by 9 percent in 2016 due to a lack of Triple A product and increased operator demand.

Similar Stories:

WDP secures €150m to expand warehouse network in Romania
Belgian real estate developer Warehouses De Pauw (WDP) secured €150m from the European I  »
LOXX expands at Prologis Park Warsaw II
LOXX has expanded its warehouse space to 8,500 sqm at Prologis Park Warsaw II. The tenant  »
DS Smith leases 6500 sqm at MLP Czeladź park
DS Smith has leased 6500 sqm of warehouse space at the MLP Czeladź park. DS Smith will mo  »
AXI IMMO joins IRELS network
AXI IMMO has became a member of the International Real Estate Logistics Solutions network.  »
What would a successful year be for Panattoni Europe in the Czech Republic? For us, we   »
Romania’s logistics sector is expanding hand in hand with growing consumption and purcha   »
Less Mess Storage opened its fourth Warsaw self storage facility (called ‘stores’, in   »
Having developed 2.71 million square meters of space between 2014 and 2016, Panattoni Euro   »