The logistics sector’s dynamism in the 12-month period places the accumulated contracted surface area at record highs. Between January and September 2021, logistics space under contract was 11% higher than in 2020. The number of operations also rose by 12%.
Aitor Álvarez, Madrid Operations Director of Savills AN’s Industrial and Logistics department, said that “the figures already confirm that it will be a record year for the market.” “Since January, there have been 11 large build-to-suit operations, representing more than 375,000 m2 and 36% of total contracting”, he pointed out.