HOME      NEWS           AGENDA           LIBRARY           NETWORK           PROJECTS           NEWSLETTER           ABOUT US     

Demand for e-trade logistics space set to rocket

Cushman & Wakefield has been looking at the growing importance of the on-line shopping segment in and its impact on the logistics property segment.
The real estate advisor says that in Brussels alone, annual e-commerce parcel volumes are expected to grow from 14.7 million parcels in 2016 to 27.2 million parcels in 2021.
As a result, demand for urban logistics space to serve last mile deliveries is growing in tandem with e-commerce orders.
Cushman & Wakefield's ‘Urban Space Model’ has calculated that urban logistics space annual requirements in Brussels will thus grow to 70,000 m˛ per year by 2021. As a comparison, the average last-mile urban logistics take-up across the whole of Belgium over recent years has been 15,000 m˛/annum.
Urban logistics properties typically range between 3,000 m˛and 7,000 m˛in size across Europe. A complex and nascent real estate concept, last-mile urban logistics needs to tackle the issue of supply shortage in zones with a crucial 30-minute drive time to inner cities.
This, Cushman goes on to say, will require joint planning from (e-)retailers, parcel companies and city stakeholders in the long term in order to enable seamless integration in the urban landscape as well as re-appropriation of outdated warehouses located in 30-minute drive time zones from inner city locations.










| 23/10/2017

share:    facebook  twitter 

News in short
Two major deals for Manhattan Centre | 20/7
Rapid letting of Brixius business park | 18/7
Sophie Lambrighs leaves HIB | 16/7
Physical presence still important in the digital domain | 13/7
Largest transaction in West Flanders | 12/7
First Mipim Proptech Europe conference | 10/7
Cording makes double entry into Brussels market | 6/7
Antoine de Borman replaces Denis Grimberghs at citydev | 5/7
HIB enters apart-hotel sector | 3/7
Horizontal City goes on display at Bozar | 19/6
Prestige residential development on Avenue Louise | 14/6
Xavier Denis joins AG Real Estate | 13/6
Award for Tivoli | 11/6
Lunch with a fascinating architect | 5/6
Besix RED turns 30 | 1/6
Atenor sells City Dox senior home | 29/5
Retirement homes market booming | 24/5
Pulse brings new life to Molenbeek | 22/5
Realty - out with the old... | 18/5
New look Realty smaller but attractive | 17/5
New SME park and retailing at Wavre South | 15/5
Docks Bruxsel changes hands | 14/5
Triomphe - turning workspace on its head | 7/5
Third edition of Exemplary Buildings | 4/5
Brussels faring well at European level | 2/5
Housing - the big picture | 25/4
Retail activity quarter one | 23/4
Club Med confirms co-working surge | 18/4
Larger companies targeted by citydev | 16/4
Flexible workspaces - a key corporate trend | 12/4
Hotel sector well on the way back up | 10/4
AXA buys Passport | 9/4
Botanic Tower changes hands | 5/4
Commission launches mega-project | 4/4
Realty heading for the seaside | 3/4
Office space evolving - CBRE | 26/3
Belfius Smart Belgium Awards: context and winners | 22/3
Antwerp looks to the future | 20/3
Manufacturing must be in the mix - citydev | 19/3
Mipim Awards for Antwerp and Brussels | 16/3


back