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Logistics Leasing Soared by 40% in Barcelona in Q3

The availability rate remains at very low levels, specifically, 2.7% of a total stock that exceeds 6.7 million square metres as of 1 October 2020.

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The volume of logistics space leased during the summer months in Barcelona amounted to 128,419 m2 in total, which represents a significant increase of 40% compared to the previous quarter and just a slight reduction of 3% compared to the same quarter in 2019, according to a report compiled by BNP Paribas Real Estate.

So far this year, a total of 329,080 m2 of logistics space has been leased, a figure that represents 70% of the volume leased in the same period last year (-30%).

Read the full article in Spanish.

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