WAREHOUSES HAVE THE RATING
The rise of e-commerce, thanks to the health crisis, has led to a rush on warehouses in France in 2021. Rent prices might soar in 2022.
“The demand for warehouses in France still has a bright future ahead of it!” Pierre-Louis Dumont, industrial and logistics executive director at the business real estate consulting firm CBRE, said on Saturday.
In fact, according to the Immostat group, whose figures are the benchmark for business real estate, take-up – that is to say the number of square meters of warehouses newly let or sold to be occupied – has experienced in 2021 its best year since 2017.
“There is a very strong demand, driven first by the adoption of e-commerce, which requires changing distribution networks, and then by the fact that everyone needs to do it at the same time. “, he explains then. The pandemic was a “trend accelerator” for France, which had adopted e-commerce less than its European neighbors, he notes.
Another symbol of this health: the Argan group, which rents warehouses to large retailers (Carrefour, Casino, Auchan, etc.), to logisticians (FM, Geodis, etc.) or to Amazon, which has seen its rental income increase by 10% in 2021.