The rise of e-commerce within the global market has boosted the logistic segment, especially in terms of occupancy. But the capital market in Iberia seems to not be keeping up at the same pace yet.
The latest public data compiled by Iberian Property shows that logistic investment between April and June remained stable and similar to the same period last year, at around 96 million euro. The slight difference is that during this quarter one more deal was concluded – for a total of 6 - than during the same period last year, setting the ticket per deal at 16 million euro, 17% lower y-o-y, revealed the Logistics Report from Iberian Property.
The biggest transaction was carried out by American Nuveen Real Estate, which spent a total 48 million euro on 2 logistics Warehouses in Plataforma Central Iberum, located in Toledo. Another important operation was German Patrizia’s purchase of an Industrial Park for SEAT Providers (PIPS) from Liberbank for 26 million euro. The other 4 registered deals were for less than 10 million euro.
On the other hand, when comparing the logistic segment’s performance during the first quarter, there was a clear drop of 73% when compared to the previous quarter, which had a total investment of 361 million euro.
All the information is available at the Logistic Report from Iberian Property which can be downloaded HERE.
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Disclaimer: This information is based on public data gathered within the platform Iberian Property Data. All estimates were calculated based on registered public information and data from the main consultants within the market. It should be noted that the results presented here may be updated if new information is issued.