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Spain : Logistics Snapshot - Q3 2017

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Spain : Logistics Snapshot - Q3 2017

E-commerce growth has been a key factor in the increase of logistics take-up, as well as new development projects.

Logistics take-up in Madrid recorded 676,000 sqm at the end of the third quarter, surpassing the total take-up in previous years. 

Prime rents in Madrid continue to rise standing at 5.25 €/sqm/month, while they remain stable in Barcelona.

Amazon's 100,000 sqm development in Plataforma Central Iberum has been the stand out leasing transaction in Q3.

Source : Knight Frank

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