Strong demand for logistics space has led to the creation of new submarkets in Spain, according to a new research report by property adviser Savills. The logistics sector has experienced 3.9% growth per annum nationwide, while the logistics businesses in Madrid and Barcelona have grown by 4.1% and 4.2% respectively. As a result, the areas of Guadalajara and Toledo have now been incorporated into the Madrid logistics market. And about 35% of the Barcelona market is located more than 40 km away from the city in Zaragoza and Valencia.
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