An end-of-year report from Jones Lang LaSalle notes record-breaking performance in 2017 from the European logistics sector, particularly in terms of warehouse premises occupancy.
The real estate consultancy published its Q4 2017 European Industrial & Logistics Market Insights recently, summarising key statistics from the European logistics sector for the end of the last year.
It includes several records, including a 15% rise in warehouse take-up over the previous year, to 22 million square metres, and a vacancy rate of less than 5% which is still falling.
“Although the European aggregate vacancy rate is now below the 5% mark, new speculative supply delivered to the market is expected to slow down in 2018 due, in part, to a scarcity of development land in many markets,” the report adds.
“Landlord-favourable conditions remain in the majority of European markets with rents expected to rise more significantly throughout 2018.”
The 5% vacancy rate compares with a rate around three times that in 2009, when the availability of logistics premises peaked in the current cycle.
This tallies with the recent news from CBRE that logistics premises now top the wish list for European real estate investors, surpassing office premises for the first time.
Optimised logistics for low warehouse vacancy
At times of historically low warehouse vacancies – and occupancy rates still climbing – it’s essential to make the most of the logistics premises you have available to you.
This is where innovations like 3T DOCK can help, coordinating your logistics activities across multiple locations to manage all of your delivery bays and loading slots via a central interface.
You can allow third-party carriers their own logins so that information is updated in real-time, giving you excellent visibility of loads on their way to delivery so you can avoid queues for loading bays.
This is all part of the steps towards optimised logistics efficiency that are unlocked through 4PL coordination of all of your shipments and transport activities, with the help of 3T Logistics and our innovative technologies.
To find out more about 3T DOCK or any of 3T Logistics’ 4PL innovations, and how we can help you to optimise your logistics efficiency, call our expert team on 0116 2824 111 or email firstname.lastname@example.org.