The logistics real estate sector continues to grow.
In 2020, repeated lockdowns and the widespread transition to working from home brought uncertain times for the office and retail sectors. But the picture in the logistics sector is very different. The vacancy rate for logistics real estate decreased from 6.1% to 5.6%. This is particularly striking when you consider that during the same period the stock grew by over 3 million sq m (+8.8%). This result confirms the sustained interest in logistics real estate over the past year.
The growth of the Dutch logistics sector in recent years can be explained by the Netherlands’ strategic position as a transit country bolstered by the rise of e-commerce. More recently, this position has been given an added boost by an influx of British companies seeking to mitigate the effects of Brexit. UK exporters have faced trade barriers since Brexit came into force and now pay additional import tariffs on goods exported from Asia to Europe via the UK. This makes it more advantageous and efficient for many British exporters to gain a foothold on the European mainland. This additional boost raises the question: which areas are likely to be of particular interest to UK businesses?
Which areas of logistics real estate in The Netherlands are likely to be of particular interest to UK businesses due to Brexit?
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