A large amount of capital flows out, and the European and American warehousing industry bubble may have come to an end.

Recently, the British “Financial Times” warned the bubble of the European and American warehousing industry, saying that a large amount of capital had begun to withdraw, and the false prosperity of logistics and storage had come to an end.
Before the outbreak of the new crown epidemic, the warehousing industry was not a hot investment. After the outbreak of the new crown epidemic, the explosive growth of the e -commerce industry quickly affected the warehousing industry. A large amount of funds poured into the warehousing industry and were mainly used to buy and build warehouses. As of the end of 2021, the sales of European warehouses reached three times before the outbreak of the epidemic. A large amount of funds influing the lease price of warehouses soared, and warehouse investment became the “popular fried chicken” in real estate investment.

Investors’ investment logic is simple: as long as the value of the warehouse and the potential rental income exceeds the cost (mainly construction, maintenance and repayment of debt), this investment is cost -effective. As the European Central Bank announced a sharp increase in interest rates, bank borrowing interest rates began to soar, which increased the cost of borrowing in investors; at the same time, inflation caused rising labor and building materials costs, which also increased the construction and maintenance costs of warehouses. These two have greatly increased investment costs. On the other hand, as the upstream of the warehousing industry, the growth of the e -commerce industry has begun to slow, and many large e -commerce platform companies have begun to decline in revenue. Even the company has a loss. The ground affected the warehousing industry, and the vacancy volume of the European warehouse began to rise slowly, which also led to a decline in rental and sales and decreased investment income.
The British “Financial Times” reminded readers that “Although global logistics demand is still growing, investment in the warehousing industry has come to a” judgment “moment.” The warehousing industry bubble has come to the end.