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E-commerce dominates logistics warehouse leasing in 2021

  • Most companies in the Brazilian ranking also work with online retail and logistics, such as Magalu, Mobly, Amazon and Loggi.
E-commerce dominates logistics warehouse leasing in 2021
E-commerce dominates logistics warehouse leasing in 2021
By: SiiLA News
12/01/2021
Mercado Livre is the leader among the companies with the highest leased logistics warehouses numbers in the country in 2021. The information is part of a study by SiiLA, a data platform for the real estate sector. According to the survey, the Free Market demanded this year 216 thousand square meters of warehouses.

Most companies in the Brazilian ranking also work with online retail and logistics, such as Magalu, Mobly, Amazon and Loggi.

"In the Brazilian market, this movement is justified by the exponential growth of e-commerce since the beginning of the pandemic", says Giancarlo Nicastro, CEO of SiiLA, when explaining the role of digital retail in the list of companies that most leased logistics warehouses in the country in 2021.

In terms of overall inventory, transport and logistics companies lead the rank, responsible for 28.96% of the occupied area, followed by retail companies, with 20.30%, and e-commerce, with 9.36%.

Brazil has the lowest historical vacancy rate in the segment, according to data from SiiLA. 

The country closed the third quarter with an index of 8.95% of the vacant area in logistics warehouse.


Source: Infomoney

Latam
Brazil
National
Industrial
Market Analytics
Retail And E-Commerce

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Founded in 2015, SiiLA is the industry leading REsource for comprehensive commercial real estate market insights, news and events across Latin America. The SiiLA suite of innovative products drive greater accuracy, efficiency, and strategic advantages for top players in the commercial real estate industry.

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