Investment into the Logistics segment in Spain has grown exponentially since 2018. In large part, this has been a result of the booming e-commerce industry. In their search for increased speed and efficiency in the delivery of goods, Logistics operators have driven the demand for industrial space. This has led to rising rents, historically low vacancy rates and unprecedented investment volumes. Today, Logistics is one of the most sought-after asset classes in the Spanish real estate market.
We are convinced that the sector, which exhibits solid fundamentals and promising growth prospects, still has a long way to go. With our large-scale project in Illescas, we aim to become a relevant player in this segment.
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