European Modern Logistics: Primed for sustained growth
April 1, 2022 15 Minute Read Time
Modern logistics, Europe’s top-performing real estate sector in 2021, is set for a period of sustained outperformance. Thanks to long-term structural drivers, such as e-commerce growth, supply is struggling to match demand. CBRE estimates 27.7M sqm (298M sq. ft) of new cutting-edge space is needed across Europe by 2025 based on e-commerce growth alone. But not all European markets are the same. Individual countries have their own market dynamics and barriers. An understanding of what occupiers are looking for, local market knowledge and access to new development and reconfiguration opportunities are needed to capitalize fully on this European opportunity.