Logistics operations increase search for industrial spaces
By Editorial
August 29, 2022
In the first quarter of 2022, there was a 42%
increase in the demand for spaces for industrial activities compared
to the same period in 2021, according to reports from Newmark Latin America.
The market analysis company indicated
that the main causes of growth in demand figures for buildings for the sector
were:
- Increase in e-commerce operations
- Trend towards regionalization in global value chains
- Effect of the impact of Covid-19 on the disruptions of
the Chinese market
Newmark highlights
that there was a strong increase in requests for industrial warehouses for storage
of products and transformation processes .
"At the end of the first quarter, 944,000
square meters were absorbed throughout the country, we expect that at the end
of the second quarter of the year the record will be similar," explained
Erick Brunet, director of Global Corporate Services transactions at the firm.
Logistics has experienced
an increase in activity in the industrial park
in Toluca , as well as in areas of the State of
Mexico, Bajío and Guadalajara due to changes in consumer trends related to
e-commerce, which has led to new requirements
in distribution centers .
HISTORICAL
DEMAND FOR SPACES FOR INDUSTRY
Lamudi reported in its 2021 Real Estate Report
that the growth of the industrial sector began to gain strength in 2020 and
exceeded 7% in 2021, registering an increase in
demand of 1.7% in the period that has elapsed since 2022 . It
is appreciated throughout Mexico, but the greatest impact is registered in
markets such as Monterrey, Tijuana and Ciudad Juárez, he indicates.
NEARSHORING
AS A DRIVING FACTOR
E-commerce and the boost it causes in logistics
activity is not the only reason for the increase in demand for industrial
buildings today: the relocation of companies caused by the reorganization of
value chains also impacts the search for spaces by companies.
On this point, the Undersecretary of Finance
and Public Credit , Gabriel Yorio, indicated that industrial
demand is increasing due to relocation operations related to nearshoring . The
figures "are proof that Mexico is one of the countries with the greatest
advantages in this phenomenon of transition between globalization and
regionalization," he argues.
Mexico is among the countries with the greatest
potential to benefit from nearshoring as a strategy, according
to data from the Inter-American Development Bank (IDB), which
has projected potential profits for the country in the order of 35
billion dollars , about 2.6% of the Gross Domestic Product ,
thanks to new merchandise exports.
Among the advantages that Mexico offers to foreign companies that
can establish their plants in the country as a result of nearshoring are:
- Lower labor costs
- Lower logistics costs
- Fast and secure supply chains
- Direct communication, with less time difference
- Skilled labor
- Developed industrial sector
- Class A Infrastructure
- reduced taxes
- lower tariffs
- Intellectual property protection
At Frontier
Industrial we are attentive to market
trends and their growth areas . For this reason, our
portfolio of industrial parks in Mexico offers
the development of customized projects for logistics and manufacturing, and the
best infrastructure to house innovative global companies . Meet
him.
MORE INFORMATION
FRONTIER
INDUSTRIAL
& LOGISTICS REAL ESTATE
https://www.frontierindustrial.mx/contacto-frontier-industrial
TEL: 800 0027-842