In this article we will analyzethe current situation in the logistics real estate sector, and we will answer whether it is a good time to buy industrial buildings and logistics assets.
Renta Corporación is an organization dedicated tothe purchase, rehabilitation, and sale of buildings.. Our business model is characterized by creating value in the operations carriedout with the main mission ofsatisfying the needs of our clients.. For this reason, our team of top-level professionals is constantly searching for the opportunities that the market offers us.
The current situation in the logistics real estate sector and future trends
The growth of the logistics market in our country and its transformation in recent months has encouraged us to diversify our activity towards this sector.
This year we closed the first quarter with record contracting figures (more than 690,000 m2) and investment (more than 895 million euros). 402% more than last year on the same dates and hoping that it will continue to grow until itexceeds 2,000 million euros.
According to the Confidence Index report for the Spanish Logistics sector 2022, prepared by CBRE, operators in the logistics and retail sector in Spain anticipate that the development of the market will continue to grow in the coming years.
The importance of electronic commerce for the industrial sector
The increase in electronic commerce because of the pandemic continues its positive trend in our country, although the numbers are far from those registered in previous periods.
One of the key factors that has promoted the development of the sector has been the desire to design a more efficient supply chain, with the main objective of reducing delivery time, operating and transport costs.
The need for more storage near the main locations has highlighted the need for industrial warehouses and logistics parks adapted to current needs.
Commitment to sustainability
The increase in environmental awareness encourages more and more organizations to invest in projects related to sustainability.
Transforming existing industrial warehouses to adapt them to the sustainability objectives established by international organizations and managing to integrate these logistics parks into the environment in a respectful way are some of the main objectives of the sector.
The main challenges when buying industrial buildings in Spain
Although future trends show a climate of stability and development of the logistics real estate sector in our country, the obsolescence of current facilities, the lack of available supply and the increase in interest rates and the cost of construction materials are some of the factors that could slow down the current development of the market.
¿Is now a good moment to buy industrial buildings in Spain?
The real estate market has proven to be a refuge value for investors despite external factors such as health crises or international war conflicts. The strategic location of our country encourages international investors to choose Spain as a destination country.
Therefore, at Renta Corporación we believe that it is a good time to buy industrial buildings and, in this way, we plan to invest 200 million euros for the purchase, rehabilitation and sale of industrial buildings and land 30km from Barcelona and Madrid, with an area of between 5,000 and 40,000 m2.
If you are interested in selling a logistics asset, contact us and we will make you an offer in less than 48 hours!