Mardrid’s logistic market reaches 935.000 sqm in contracting

Mardrid’s logistic market reaches 935.000 sqm in contracting


The rental values reached a maximum of 8 €/sqm/month during the fourth quarter in Barajas. If we exclude this data due to the uniqueness of the Barajas market, the maximum rent would be set at 6 €/sqm/month in a crossdocking operation in San Fernando de Henares. The incorporation of new quality projects which adapt to the operators’ requirements and expectations has led the prime rent to reach 5.5 €/ sqm/month (7 % yoy).

By areas, the distribution of contracted surfaces between October and December was very homogenous, 55% and 45% registered in the Henares Corridor and the South Zone respectively, although the Henares Corridor kept being the focus for demand.

The land market activity keeps gaining relevance. During 2018 a total of 1.800.000 sqm were contracted (+60 % yoy) and 34 operations carried out.

The year closes with an availability rate of 6.9%, which represents a drop of nearly two points over 2017.

The dynamics of the logistic sector users during 2018, was reflected in the investment market, surpassing 1.300 million euro in 45 operations.

Iberian Property logoIberinmo logo
Iberian Property is the best platform for investment in Spain & Portugal. Created for those who seek reliable information about players and deals happening in Iberia. Through updated database, reports, market indicators and daily news, we report “Who’s Who” in Iberian Real Estate!. Iberian Property is also proud to organize the most important international real estate investors’ meeting in Iberia - Portugal Real Estate Summit!