Real Estate: Logistics Space Demand Hits 575,000 sqm, Down 20% Year-on-Year
Tuesday, November 19, 2024
The demand for logistics and industrial spaces reached 575,000 sq. m during the first 9 months of this year, a decrease of 20% compared with the same period of 2023, according to the Cushman & Wakefield Echinox real estate consulting company. The new demand accounted for 86% of the transacted volume. The figures for Q3 2024 reveal that 164,000 square meters were contracted, a level ...