Logistics occupation spreads across the country and investment keeps peaking up

  • 116,230 sq m were placed in Lisbon, Porto, Centre and Algarve regions in Q2 2022
  • Scarcity of spaces to let has halted Lisbon take-up growth with only 19,400 sq m occupied in this quarter. Rents maintained the upward trend.
  • Approximately 58,000 sq m were occupied in Porto. The major contribution to take-up was the start of construction of the BTS Aldi platform at Santo Tirso.
  • Rents maintain the upward trend over the quarter increasing in several zones.
  • Investment in logistics was much lower than in the previous quarter, but still achieved €74 million. Stronger activity is expected in Q3 2022.