Savills Aguirre Newman: Logistics Leasing in Cataluña Fell by 11% to 600,000 m2 in 2019

13 January 2020 – Cadena de Suministro

The volume of logistics space leased in Cataluña decreased by 10.7% in 2019 to 594,172 m2, compared with 665,952 m2 in the previous year, according to data compiled by Savills Aguirre Newman.

In total, 60 operations were closed, with notable transactions closed by Decathlon in ZAL, Districenter in Llisá de Munt and DSV in Molins de Rei.

Original Story: Cadena de Suministro

Translation/Summary: Carmel Drake

The YoY decrease was driven by fewer large operations (those over 20,000 m2) in 2019, which broke records in 2018 and a mismatch between supply and demand in terms of surface area and location.

Nevertheless, turnkey operations continued to rise, which typically involve longer rental periods and high rental prices.

The outlook for 2020 is optimistic.

Original story: Cadena de Suministro

Translation/Summary: Carmel Drake

49