During the first half of 2020, construction of new warehouses in Europe made up less than half of the overall figure reached in 2019. Whilst this can be attributed to the coronavirus pandemic and a (temporary) stop on many construction projects, decreasing completions could also point towards a tightening supply. Some of the concerns found among logistics real estate investors include growing construction costs as well as increasing land scarcity.
Number of newly-constructed warehouses in Europe from 2010 to the 1st half of 2020
(in million square meters)
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Statista. (August 13, 2020). Number of newly-constructed warehouses in Europe from 2010 to the 1st half of 2020 (in million square meters) [Graph]. In Statista. Retrieved December 03, 2024, from https://www.statista.com/statistics/1189918/new-warehouse-completions-in-europe/
Statista. "Number of newly-constructed warehouses in Europe from 2010 to the 1st half of 2020 (in million square meters)." Chart. August 13, 2020. Statista. Accessed December 03, 2024. https://www.statista.com/statistics/1189918/new-warehouse-completions-in-europe/
Statista. (2020). Number of newly-constructed warehouses in Europe from 2010 to the 1st half of 2020 (in million square meters). Statista. Statista Inc.. Accessed: December 03, 2024. https://www.statista.com/statistics/1189918/new-warehouse-completions-in-europe/
Statista. "Number of Newly-constructed Warehouses in Europe from 2010 to The 1st Half of 2020 (in Million Square Meters)." Statista, Statista Inc., 13 Aug 2020, https://www.statista.com/statistics/1189918/new-warehouse-completions-in-europe/
Statista, Number of newly-constructed warehouses in Europe from 2010 to the 1st half of 2020 (in million square meters) Statista, https://www.statista.com/statistics/1189918/new-warehouse-completions-in-europe/ (last visited December 03, 2024)
Number of newly-constructed warehouses in Europe from 2010 to the 1st half of 2020 (in million square meters) [Graph], Statista, August 13, 2020. [Online]. Available: https://www.statista.com/statistics/1189918/new-warehouse-completions-in-europe/
