For 2021 and 2022, the analysis company Bulwiengesa expects a record completion volume for logistics properties of over five million square meters each. At 3.7 million square meters, completed logistics space recently fell short of the previous year's figure of 4.9 million square meters due to delayed construction starts caused by the coronavirus pandemic. Nevertheless, the analysis company now expects strong new construction activity. Despite the coronavirus pandemic, investment in logistics real estate in 2020 was roughly on a par with the previous two years at just under five billion euros.
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. Buildings are increasingly being constructed to a higher standard, and good insulation and large light surfaces for roofs and walls are also becoming more common.
These and other findings emerge from the "Logistics and Real Estate 2021" study published by Bulwiengesa in collaboration with Berlin Hyp AG, Bremer AG, Garbe Industrial Real Estate GmbH and Savills Immobilienberatungs GmbH. It is a series of studies. The results of the seventh year will be published this year.
Source: Bulwiengesa
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