Logistic facilities average lease length in Europe 2019, by country
With the increase in online retail, additionally spiked by to the coronavirus (COVID-19) outbreak, logistic real estate sector is expected to be in high demand while development might suffer delays. The United Kingdom (UK), followed by Finland, is among the countries with the longest average lease length of logistic facilities such as warehouses in Europe. In the UK, the lease for new purpose built logistic facilities has an average duration of 13 years.
