The report quantifies the space that major European cities will need based on current and future online sales volumes. According to Guillermo Garcia Almuzara, head of the Industrial & Logistics department of Cushman & Wakefield Spain, "Spain is the European country where online sales are growing fastest, namely 19%. For this reason, we hope that in our country the demand for urban logistics space will double in four years”.
In this sense, Cushman & Wakefield expects that by 2021 there will be a 69% increase in the volume of logistics plots in Europe and that the demand for logistics space will raise by 102% in Madrid and Barcelona.
Cushman & Wakefield refers in its report that in the coming years the logistics sector will have to solve the numerous obstacles arising to enter the center of the cities. A likely scenario is that "virtual" warehouses are transformed into real warehouses. In addition, it is possible that the warehouses of the future will be underground and replace the parking places, since these will be less and less necessary as soon as autonomous cars without a driver are a reality.