Jean Bernard Gaudin, Co-Director of Industrial and logistics Madrid Exa
October 15, 2008
With regard to the lease, we noticed that companies are opting for this option, both for its growth and for the optimization and modernization of its facilities.
In the logistics industry, we are facing a global restructuring of the market. The new rules of fire safety, the need to optimize resources and the progress of distribution techniques, make us see that there are still many companies that need to change of buildings to improve their logistics.
Today we note that they are many companies that have not reorganized yet its distribution network, necessitating grouped its multiple centers of storage in a single centre that can provide service to the Iberian Peninsula.
In 2008 feels a slight recession in the absorption of staff for logistics real estate taking into account that we have not finished the year. The level of absorption shall not exceed the levels record of 2006 and 2007, but will stay to less than 10 per cent of these figures.
In contrast to the residential market, the logistics market is not in envelope offer. Despite doubling the available offer in a year, we note that most of these buildings are rented at the time of the delivery and even before it.
-In the first place, to call Exa! We currently have a portfolio with all the supply available on the market of Madrid and Barcelona. For this reason, anyone who needs a logistics building you have to do is get in touch with professionals in the sector. In this way, understanding your current situation and their needs, we offer you the best options at the best price.
In recent months, we are seeing new opportunities of soil for the development of logistics real estate. This allows to improve the supply and respond more accurately to the needs of these companies. Our work is to be in permanent contact with the owners and operators providing our knowledge of the availability at short, medium and long term for all logistics real estate.
-Logistics is fashionable and everyone wants to sign up for the winning horse. The problem is that not all solutions and developments are correct. Between Madrid (including the environment of Guadalajara and Toledo) and Catalonia, is 60-70 per cent of the demand for logistics surface and thus will remain for geographical reasons and the location of the consumer.
To install a logistics park in other cities of Spain it must be taken into account the level of consumption in the area and the volume of manufacture and is crucial to adapt the product, its typology and its costs to the reality of the regional market.
The dominant trend is to have a mega-Center at the national level with a regulatory storage in main cities of the peninsula.
