Location, innovation and infrastructures, the keys that make Spain a world leader in the hub logistics at European level, according to experts

• In 2022, the sector accumulated more than €2.3 billion in investment volume.
• David Martínez, CEO of Proequity, affirms that "logistics activity in Spain has experienced great advances to achieve a leading position in comparison with other European countries, attracting new companies and investors for new projects".

Madrid, 15 March 2023. Over the last few years, Spain has managed to consolidate itself as one of the reference territories for logistics activity on a European level. In this line, experts from ProequityThe leading consulting firm in real estate operations, say that, despite the more sustained growth expected in the coming months, the country's strategic geographical position, advanced transport infrastructure and commitment to innovation in logistics, make it a key area for the sector.

Located at the intersection of Africa, Europe and Latin America, Spain has excellent maritime and air connections that make it a key gateway for international trade by different routes. Moreover, according to expert analysis, Spain has some of the busiest ports in Europe, boosting its connections with other countries and even continents. On the other hand, Spain has a complete network of roads and railways that allow the efficient transport of goods at national and international level in an efficient and fluid manner.

Another key factor that has driven Spain to become a world leader in the hub According to Porequity's experts, the recent boost in innovation and new solutions. Both private companies and public entities have invested in new technologies and advanced systems to improve the efficiency and sustainability of the supply chain, such as warehouse automation, inventory management and reverse logistics solutions.

In terms of innovation, the national market is also at the forefront in the implementation of new emerging technologies such as artificial intelligence, blockchain, big data and the internet of things. These innovations are transforming the way in which ships and companies dedicated to logistics and supply chain manage their logistics operations, improving efficiency, reducing costs and confirming employee safety.

David Martinez, CEO of ProequityThe Spanish logistics activity has made great progress to position itself at the forefront in comparison with other European countries, thus becoming a European logistics hub, attracting new companies and investors for new projects". However, Proequity reminds us of the need to remain cautious in the current context, "the truth is that, despite the good performance of the sector, the current situation of international conflicts and inflation can slow down the creation of new projects," explains Martínez.

New territories on the rise in the logistics sector

The sector accumulated more than 2.3 billion euros of investment volume in 2022. In this regard, large capitals such as Madrid and Barcelona were market leaders, absorbing around 1.3 million and 760,000 square metres respectively. These data offer a positive view of the positioning of the logistics sector, which is one of the most attractive sectors for foreign investment within the Spanish real estate market.

In this way, a growth in activity can be detected that is increasingly dispersed throughout the country, with a boost in provinces such as Malaga, Seville and Zaragoza.