A new survey from global real estate adviser CBRE shows COVID-19 remains an important consideration for occupiers and will continue to drive demand for space in Europe. CBRE’s first European Logistics Occupier Survey, in conjunction with Analytiqa, analyzed responses from more than 100 of the largest European logistics occupiers with a combined footprint of more than 40 million square meters (430 million square feet) across manufacturing, online and general retail, supermarkets, and third-party logistics.
The survey found 47 percent of respondents highlighted a long-term need for flexible storage space, with 36 percent of occupiers looking to accelerate their plans to ensure logistics facilities are ready to cope with increased demand from the rapid growth of the online channel.
Respondents also showed a willingness to explore nontraditional locations, outside of the core logistics hubs, to accommodate their expansion. A total of 64 percent of online retailers said t