The European logistics sector has been hugely boosted by the explosive expansion of online and omni-channel retail and the growth of D2C brands. In our latest report, we look at the latest numbers illustrating the ongoing boom in supply chain and distribution real estate and outline the key numbers for the UK, France and Italy.
Did you know that:
- Retail take-up of industrial and distribution space in France is now operating at record levels?
- Western Europe still accounts for the lion’s share of online sales in Europe?
- 79% of European markets expect increased logistics transaction volumes in H2 2020?
In fact, the higher the online sales penetration, the larger the share of industrial investment, with the split between industrial and retail close to 60:40 in the most developed markets, such as the UK and Sweden, according to advisor Savills.
On average, the share of industrial in the overall European industrial/retail investment allocation has shifted from 25% to close to 47% (2019) over the past five years.
Even higher rental growth rates could be achieved for urban logistics properties and the pandemic could force companies to reassess their regional supply chains and nearshoring, creating new manufacturing hubs, especially in Eastern Europe, boosting overall industrial investment volumes.
This and more information in our European Logistics report; download on the right!