Storage edited

A graph showing the rate of storage construction in France

New storage construction performed strongly last year with a rate of growth of +23%, meaning that a record 4.7 million m² have been built last year in France.

2017 was a strong year for the French logistics market, which hit a record level. For the first time, new storage construction (warehouses, cold storages, silo buildings and other specialised buildings) exceeded 4 million m².

Economic growth, the diversification of occupiers’ needs, new challenges posed by e-commerce and the streamlining of supply chains of large retailers have prompted some occupiers to opt for new platforms, often on a large scale.

Consequently, the ten biggest deals in 2017 alone accounted for over 20% of overall take-up.

The rate of growth is expected to slow down in 2018 but it is predicted that the market will continue to grow, driven by the flexible manufacturing trend and increasing e-trade.

Newsletter

Delivered directly to your inbox World Construction Week features the pick of the breaking news stories, product launches, show reports and more!

Sign up for free

Newsletter

Delivered directly to your inbox World Construction Week features the pick of the breaking news stories, product launches, show reports and more!

Go to newsletters