The English-language study "Logistics bulidings of tomorrow", published by the real estate services and consulting company JLL, looks at developments in the logistics real estate asset class in Europe. Due to the effects of the Corona pandemic, the demand and need for warehouses and logistics space has risen sharply. According to OECD forecasts, freight volumes are expected to increase from 122 trillion tonne-kilometers in 2016 to 329 trillion tonne-kilometers in 2050.
But as demand for logistics real estate increases, the asset class is also facing new challenges and restructuring. Changing consumer behavior, economic growth and the development of e-commerce mean that supply chains must evolve and adapt to the needs and requirements of customers and investors. The issue of sustainability is also increasingly coming into focus. Similar to the sustainability certifications in the office real estate sector, the asset class of logistics real estate will also have to meet the requirements for environmental compatibility and climate protection - both for the real estate itself and for the supply chains.
In its report, JLL looks at the impact of demographic and technological change on the logistics real estate industry and considers both urban development trends and the future and environmental sustainability of this asset class. In addition to listing trends in logistics real estate in Europe, the study describes the roles played by the siting and design of warehouses and logistics space and how they influence how they function. In doing so, the considerations are aimed at both investors and developers of logistics real estate as well as their users.
Source: JLL
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