Urgent: more storage space
The logistics real estate sector is booming in Western Europe but logistics players and developers are still faced with major headaches. The growth of e-commerce and the rise of last-mile delivery have led to a tremendous boost in the demand for warehouses, a demand that took a further upturn when the COVID crisis, the blockage of the Suez Canal and the armed conflict in Ukraine exposed the vulnerability of the logistics chain. More than ever, companies are going in search of local storage options.
But where to go? With the scarcity of industrial land in Western Europe, businesses are forced to find solutions and alternatives of their own.