The value of contracting is 40% above the quarterly average of the last three years, just in the consolidation period of the Catalan logistics market.
A large part of the contracted surface during the first quarter of the year were pre-rentals of warehouses under construction or "turnkey" projects. In this regard, stand out operations with surfaces ranging from 7,000 m2 to 50,000 m².
Rental prices remain upwards and prime rent has increased by 3%, to stand at €6.5 / m2 / month. The good rhythm of contracting of logistics points to the trend to continue upwards in the coming quarters.
On the other hand, the rate of availability of logistics area in Catalonia continues to drop to 2.8%, at the same time that the construction activity is increasing due to the demand for rent.