For 2021 and 2022, the analysis company Bulwiengesa expects a record completion volume for logistics properties of over five million square meters each. Most recently, completed logistics space of 3.7 million square meters fell short of the previous year's figure of 4.9 million square meters due to delayed construction starts caused by the Corona pandemic. Nevertheless, the analysis company now expects strong new construction activity. Despite the Corona pandemic, investment in logistics real estate in 2020 came to slightly less than five billion euros, roughly the same level as in the previous two years.
The analysis company also examined what contributes to the success of logistics properties: In addition to the location, the quality of the site is decisive. Increasingly, buildings are being constructed to a higher standard, and good insulation and large light areas for roofs and walls are also more frequently part of the equipment.
These and other findings emerge from the study "Logistics and Real Estate 2021" published by Bulwiengesa in cooperation with Berlin Hyp AG, Bremer AG, Garbe Industrial Real Estate GmbH and Savills Immobilienberatungs GmbH. It is a series of studies. This year, the results of the seventh year will be published.
Source: Bulwiengesa
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