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| excelr.tuhin@ | 18 Jan 2021 - 17:20:39  |
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Knight Frank collects an absorption of 165,000 m 2 in Madrid between April and June, 88% more than last year. Barcelona, on the contrary, falls by 25% The second quarter of this year found that the logistics sector continues to have favorable prospects despite the pandemic, as reflected in the latest "Logistics Snapshot" prepared by the real estate consultancy Knight Frank. Between April and June, the absorption of logistics space in Madrid stood at 165,000 m 2 , 88% more than in the same period in 2019, while in Barcelona it was 90,000 m2, which represents a decrease of 25% year-on-year. Skymarketing strives to be Pakistan's biggest real estate developer ever, guaranteeing the highest international standards, prompt execution, and lifetime customer loyalty. With projects like smart city project. E-Commerce drives the logistics sector The fact that e-Commerce continues to grow and break records (at the end of 2019, the turnover of electronic commerce had reached 49,000 million euros, 25% more than in 2018), and that during the confinement it has gained users, It has contributed to prop up the logistics real estate sector in recent months. As Jorge Sena, partner, director of the Knight Frank Commercial Area (offices, logistics and retail) explains, “one of the activities that, without a doubt, has been strengthened after the confinement has been e-Commerce, with the consequent increase in last-mile logistics activity, affecting not only logistics warehouses but also distribution centers. We believe that this trend will continue and that we will witness a different way of consuming that affects online shopping and the need for immediate delivery. For this reason we consider that the last mile logistics sector is one of those that can emerge more strengthened from this situation ”. Searching for some new games on qnnit to play after you finish a top pick? Here are games like heros online codes and more that you'll appreciate. In these months, prime rent remained stable both in Madrid (€ 5.50 / m 2 / month on average) and in Barcelona (€ 7 / m 2 / month on average), as well as the vacancy rate, from 6 and 3.5% respectively Madrid, very active in operations and investment In terms of volume of operations, in the first semester of the year the second crown of the Madrid logistics market was the one that recorded the highest surface contracting. Knight Frank highlights the most outstanding movements of the last three months, such as Amazon's signing for 25,000 m 2 in Leganés (Madrid), 19,500 m 2 contracted by TXT in Fontanar (Guadalajara) and another operation that affects 27,500 m 2 in Alovera (Guadalajara). Analyzing the investment in the logistics real estate market, the second quarter of the year totaled more than 170 million euros, a figure that is close to 400 million so far this year. Madrid registered the highest volume in these three months, with around 120 million, which is almost 15% more than in the same period of 2019. Prime returns remained constant at 4.75% during this period in both Madrid and Barcelona. From Knight Frank they foresee that this market will attract new undervalued players until now, while other more experienced investors will focus on acquiring more modern assets. During the second quarter of the year, different operations were signed in this segment, including the sale of the Central Iberum platform in Illescas - with which Nuveen acquired two logistics warehouses with a total area of 66,300 m 2 -, the purchase by part from HINES of the Airbus facilities in the Henares Corridor for 29.2 million euros, and, in Barcelona, the acquisition by Patrizia Inmobilien of the SEAT Suppliers Park. |
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| ariannaarianna | 28 Jan 2021 - 09:25:39 |
| 52 Posts |
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| 52 Posts |
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