Additional 8.6 mln sqm of warehouse space needed in Europe to meet parcel delivery demand
23:54
According to a recent report from Savills, an additional 8.6 million sqm of warehouse space is required by parcel companies in Europe between 2021 and 2025 to keep up with growing e-commerce demand. Data analyzed by the international real estate advisor shows that, based on a report from Effigy Consulting, a total of 12.3 billion parcels were delivered in Europe during 2019.
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