In Málaga and the Costa del Sol, the availability of logistical spaces is practically non-existent, despite the growing demand in the market due to a rise in the need for space caused by ecommerce. We need warehouses with current standards that allow for greater efficiency.
Vicente Bernabé | Director. Industrial & Logistics
The logistics area, which has for many years recorded significant activity due to the rise of ecommerce, has received a significant boost related to the impact that the lockdown has had on the increase of online shopping. However, in Málaga and on the Costa del Sol, the availability of logistical spaces is practically non-existent. To meet the needs of the current demand, we would require at least three times more square metres than the projects underway are to provide. This year, something has finally happened that will mark a turning point, and that something is the Aquila Green Logistics Parks project, a state-of-the-art sustainable development that is to be carried out on the former Bacardi factory in Málaga. Having warehouses with current standards would allow users to store, per metre of surface area, almost double the amount of goods compared with those Málaga currently has. This entails a direct saving on rent and greater energy and operating efficiency –in other words, greater profitability for lessees–, in closed-perimeter facilities with 24-hour security that are safer for both workers and the goods stored. To increase logistical spaces in the market, with land owners, we are driving forward the development of terrain classified as ‘developable sectored land’, which is capturing the interest of funds and developers, and it is allowing us to estimate the development timeframes of these sectors. Flooding continues to be a very significant factor in Málaga’s industrial zone. However, the Council of Andalusia and the local council are working to find a solution that addresses the risk in the majority of the industrial zone. In some cases, specific solutions will have to be implemented, something seen in other projects started over the last year.