coronavirus (COVID-19) outbreak, logistic real estate sector is expected to be in high demand while development might suffer delays. The United Kingdom (UK), followed by Finland, is among the countries with the longest average lease length of logistic facilities such as warehouses in Europe. In the UK, the lease for new purpose built logistic facilities has an average duration of 13 years.
With the increase in online retail, additionally spiked by to the Average lease length for new purpose built logistic facilities in selected European countries in 2019 (in years)
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Statistics
Savills. (March 27, 2020). Average lease length for new purpose built logistic facilities in selected European countries in 2019 (in years) [Graph]. In Statista. Retrieved June 01, 2024, from https://www.statista.com/statistics/795479/logistic-facilities-warehouses-europe-lease-length/
Savills. "Average lease length for new purpose built logistic facilities in selected European countries in 2019 (in years)." Chart. March 27, 2020. Statista. Accessed June 01, 2024. https://www.statista.com/statistics/795479/logistic-facilities-warehouses-europe-lease-length/
Savills. (2020). Average lease length for new purpose built logistic facilities in selected European countries in 2019 (in years). Statista. Statista Inc.. Accessed: June 01, 2024. https://www.statista.com/statistics/795479/logistic-facilities-warehouses-europe-lease-length/
Savills. "Average Lease Length for New Purpose Built Logistic Facilities in Selected European Countries in 2019 (in Years)." Statista, Statista Inc., 27 Mar 2020, https://www.statista.com/statistics/795479/logistic-facilities-warehouses-europe-lease-length/
Savills, Average lease length for new purpose built logistic facilities in selected European countries in 2019 (in years) Statista, https://www.statista.com/statistics/795479/logistic-facilities-warehouses-europe-lease-length/ (last visited June 01, 2024)
Average lease length for new purpose built logistic facilities in selected European countries in 2019 (in years) [Graph], Savills, March 27, 2020. [Online]. Available: https://www.statista.com/statistics/795479/logistic-facilities-warehouses-europe-lease-length/