Portugal Logistics Figures Q3 2023
Although a weaker third quarter, logistics take-up until September is 40% higher compared to the same period of last year. Rents will increase in the next months
November 6, 2023 15 Minute Read
- Over the third quarter, logistics take-up achieved 33,000 sq m, decreasing by 60% y-o-y and 70% q-o-q.
- Although, the total of logistics spaces occupied until Q3 totalled almost 295,000 sq m, 40% more than in the same period of 2022.
- Investment in logistics achieved €1.5 million through one deal in Q3.
- Prime yields increased 25 pp over the third quarter in Lisbon and Porto.