Low availability of land and speculative spaces challenges for the real estate sector in 2022
Centro Urbano | March 14, 2022 |

The logistics sector worldwide persistently maintained high levels of demand, added to a limited supply, which caused rents in the sector to accelerate in the United States and Europe.

Added to this, rentals increased their annual rate by 10% and obtained record levels of vacancy, with a vacancy of less than 4% in both regions.

In that sense, the demand for logistics operations center occupations skyrocketed, which reduced the available supply in metropolitan areas. Due to this, an imbalance between supply and demand arose worldwide, which continues due to the scarcity of land.

Check here: Low vacancy rates in Reynosa encourage speculative industrial construction

In addition to the lack of spaces, the problems of supplies and rights will be issues that will continue in 2022. Likewise, there are risks for the promotion of logistics leasing due to the scarcity of adequate spaces for the sector.

JLL's The Future of Global Logistics Real Estate survey conducted in 2021 showed that the main issues for the logistics sector are; the limited availability of authorized land and the lack of speculative buildings. Consequently, there is a risk of a slowdown in rentals.

Of interest: Electrical reform conditions investment in industrial parks

Currently, the lack of spaces and the scarcity of land for construction appear as the main challenge for the logistics sector. However, abandoned industrial urban fill sites will be an opportunity to meet the growing demand.

Despite this, developers will face a decrease in the availability of land, due to urbanization and environmental problems. In addition, they will face competitive land uses, which are destined for the residential sector, due to the need for housing in the main cities of the world.

In Solili you can consult industrial warehouses available in Mexico City, Monterrey, Tijuana and Ciudad Juárez 

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