Logistics market Austria 2020
- Supported by long-term trends such as the growth of e-commerce or the reconfiguration of supply chains, the logistics sector is ultimately considered one of the asset classes that will emerge best and fastest from the crisis.
- Online trade continues to grow and remains the strongest demand driver for Austrian logistics properties
- In order to counteract the high land consumption in the future, the adaptation of fallow industrial properties is increasingly coming into focus
- The logistics stock of the three main logistics locations in Austria currently amounts to around 5.1 m sq m – further ca. 385,000 sq m will be completed by 2021
- With a volume of around €500 million, investments in I&L real estate reached a new record high in 2019