Atisreal introduced its 'real estate logistics 2008 report'

Thus, Claudio Losa spoke about the downtown area, Francesc pretzel referred to data from Catalonia, Joaquín Ivars to the area of Levante and Jesus Anaya to the logistics market in Seville in particular.

In his presentation, Martin Guirado commented that, for Atisreal, logistic and industrial sectors are especially important and noted that "Spain is situated in a very important space geographically speaking, but do not not give an infinitely positive vision (...)" "the logistics market is fine but an excess of optimism when designing new developments is dangerous". In this sense, explained that there are three factors that pose a risk to the sector: "the crisis that is living in the framework of the construction, the erroneous planning of projects and the cost of fuel".

At the same time he emphasized "the need to develop a National Plan to order all projects". In this sense, also warned of the existing fight on administrations: "Direct competition, some autonomous communities make precisely because of the lack of a master plan to regulate the territory".

With regard to the trend of supply and demand, the forecasts point to a stabilisation of prices, both for sale of projects built like soil.

On the other hand, and in particular as regards the current availability of the Logistics Park in the downtown area, it is situated about 3.5 per cent, while it pointed out that 45 per cent of operations correspond to areas of more than 10,000 square meters.

As anticipation of future, slab noted that "we can count on approximately 500,000 square meters in 2008, more or less the same in 2009 and around one 1.3 million square metres in 2010", although it reflected that "forecasts not of always meet and often projects scheduled for a year end between 2 and 3 years later". In conclusion he stated that "a good tone with regard to demand, with a moderate increase is expected" and indicated that there is a real investment, also by foreign investment interest, "but still lacking supply".

On the demand side in the past year, it was, according to the presented figures, about 500,000 square meters, similar to the data of the previous year. Pretzel also noted that "most of the demand occurs in the first Crown in distribution companies, while the logistics operators are going to 40-50 kilometers because they prioritize the price".

Also pointed out that much of future supply responds to the expansion of the existing parks, which is expected be added some 400,000 square metres, with the main actions in the ZAL and Parc Logístic, in the period 2008-2010. He also said the placing on the market of projects such as Llinars Park and others in the area of the Penedès "Although most of them are already committed". Other areas of development are already 100 km, such as the Bages, and he remarked the future entry into operation of the CIM - integrated power of driven by the Generalitat de Catalunya - goods "that behave the displacement of several companies into these areas".

In conclusion, pretzel noted that "the logistics market is resisting the crisis situation because the distribution companies still need space".

Thus Ivars commented that "the proliferation of new developments, the most 'turnkey' in the area of Valencia has been favoured by the need to update too obsolete spaces". Areas, the Centre is currently the more defendant although the South is also experiencing a significant increase due to its proximity to the port and its good road access.

Jesus Anaya for his part noted that "Seville is a non-transparent market, which makes both applicants as bidders attend the consulting firms", in need of a professional which intermediating properly. He also explained that the logistics operators are currently ships aren't designed in a home for this activity, which has led to a proliferation of projects of transportation with its consequent departure from soil to the market. At the moment, more projection areas are located in Dos Hermanas and Alcalá de Guadaira.

On the other hand, demand is both formed by international operators such as local, and the most important. In addition, Anaya noted that top spaces are on about 2,500 square meters for logistical use, "what makes the difference especially Seville from other parts of the territory market". He also stressed that "specialization exercise Atisreal in Seville is highly valued due to its commitment by the system 'turnkey', an unusual option so far in Seville". With regard to the trend, Anaya noted that both supply and demand will be maintained throughout 2008, with a slight comeback, while revenues will remain in the same levels, both for sale as rent.

The report presented during the press conference special emphasis in the evolution of logistics activity over the past years, which has become a critical weight in the Spanish economy. However, its development currently limited by the lack of soil to meet all the demand of operators in the sector.

It should be noted that in 2007, the transport and logistics were 6 per cent of the GDP of the country, indicating that the sector has experienced good growth. In addition, the overall volume of freight transport has increased over 4 per cent, highlighting the increase in transport by road and sea to the detriment of the one done by rail and air. The road remains the most widely used medium, representing about 60 per cent of the total number of displacements carried out.

As for the figures concerning the demand for industrial land, this continues upwards in cities such as Madrid, Barcelona, Seville and Valencia, especially in logistics platforms located in the vicinity of urban centres. However, due to the scarcity of land, is observed a shift from industrial developments towards more remote from the city.

In addition, the report points out that the autonomous communities with greater volume of recruitment and operations in 2007 are more consolidated, such as Madrid and Barcelona markets, amounting to 70 per cent of the total. Castilla La Mancha and Valencia are expanding markets that have experienced good growth rates. Andalusia, Basque country and Aragon are emerging markets which account for around 10 per cent of the total operations registered last year.

Total contracted area in 2007 is more than 1.2 million square meters, with the average in Spain among the 13,000 square meters and the 15,000 square meters area. 41 Per cent of the contracted projects are more than 10,000 square meters of gross area. The autonomous communities that exceed the average surface area contracted are Catalonia, Castilla La Mancha and Andalucia.

Regarding prospects for 2008, is expected to lower growth in the sector, due to the current economic slowdown that is influenced, above all, by the decrease in consumption and the continuous rise in the price of oil. For the next few years there have been 60 future developments to be performed, which is an area of storage of around 20 million square metres.