France’s logistics property market
Posted by Céline on novembre 7th, 2007
waaww, that is a title for sure. It’s not mine, it is the title of the very very interesting report about France’s Distribution and Warehouse markets released by the developer PROLOGIS (the one).
A dozen of pages that give you an extremely good overview of the market in France, history included. I found very good information in it and I can only recommend it at 100%.
One of the conclusions says:
“With its central location and good transportation system, many companies have incorporated markets in France into their pan-European distribution networks. Property investors have profited handsomely from this trend, and can look forward to continued healthy returns in the future.”
I noticed more particularly 4 things :
1. France’s industrial sector accounts for about 13% of the French GDP, about the same as it was 20 years ago despite the global trends toward outsourcing and offshoring. (and that is the case in Western France, where industry is doing really well along with services)
2. France is a central location to include in any pan-European distribution/logistics strategy, connecting the Northern European ports and population centres in the Netherlands and Belgium with those in Southern Europe. (and that is the case with Western France, ideally located for the distribution of UK, France, Spain and Portugal markets.)
3. France did not have any logistics property markets until the early to mid-1990s.
4. France has an ample supply of developable land with low fluctuation in terms of regular market cycles (due to the fact that local municipalities tightly control pricing and release for sale and development). (and that is the case in Western France with land at attractive prices going from 5€/sq.m to 25€/sq.m.)
Get the report => click here
Frances logistics property market prologis report western france




novembre 9th, 2008 at 7:23
anybody here know of a good site to find more info on european logistics? I\’ve got this site bookmarked and im gonna keep checking it out, but i still would like to find a site that covers european logistics a little more thoroughly..thanks
novembre 12th, 2008 at 15:22
Hi Jeff,
indeed, my blog is much more detailed in its French version (see flag on top). For English information about the subject, I suggest you to check the European Logistics Association (http://www.elalog.org/).
Cheers