Thursday, October 1, 2020
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Logistics Leasing Fell by Less than Expected in Barcelona in Q2 to Amount to 89,453 m2

The Covid-19 crisis has had a lower impact (-17%) on the sector than expected. Furthermore, more space is expected to be leased in the second half of the year.

The impact of the Covid-19 crisis on the logistics real estate market in Cataluña was less than expected in the second quarter of 2020, with a smaller decrease in the volume of logistics space leased than forecast by the experts.

In this way, the level of absorption of logistics space (take-up) in the second quarter of the year was 89,453 square metres, which represented a 17% decrease compared to the same period last year, according to the Logistics Market Report for Cataluña prepared by Forcadell.

Read the full article in Spanish.

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