The Catalan logistics property market has maintained strong momentum during the first half of 2026. The activity recorded confirms the strength of demand for logistics and industrial space, in a context where the availability of quality product continues to be limited. Over the first six months of the year, logistics take-up in Catalonia stood at approximately around 480,000 m², marking very significant growth compared with the same period in 2025. At the national level, take-up approached 1.5 million m², with Catalonia and the Central Zone accounting for a very substantial share of activity.
One of the most notable features of this first half has been the consolidation of locations outside Barcelona’s first ring. Around 80% of the take-up area was concentrated in the second and third logistics rings, whilst approximately 60% of transactions were located along the AP-7 corridor. This trend is due, in large part, to the lack of available alternatives in locations closer to Barcelona, but also reflects a natural market evolution: companies increasingly value other locations provided they offer good connections to major road routes, availability of labour, suitable plots and room to grow.
This trend is widening the Catalan logistics map and is progressively strengthening the role of the Vallès, Bages, Penedès, Anoia and other territories well connected to the main road corridors, particularly the Girona and Tarragona areas. In many cases, these areas are no longer seen as a secondary alternative, but as fully competitive locations for large-scale logistics projects.
Availability still very limited
The high absorption of recent months has continued to reduce available product. Market estimates currently put Catalan logistics availability generally below 3%, with even lower percentages in some of the most consolidated corridors. This is particularly visible when a company needs a warehouse with specific requirements, such as large floor areas, high clear heights, numerous loading docks, spacious manoeuvring yards, sufficient electrical power or a very specific location.
In these cases, effective supply is considerably lower than a simple overall availability figure might suggest. Not all available warehouses can meet operators’ current requirements, which increases pressure on certain types of product and forces many companies to widen their search radius.
New supply for 2026 and 2027
The market is responding with new developments, and this year and next are expected to see new logistics and industrial projects come on stream, particularly in second and third rings. In Catalonia, there are several hundred thousand square metres of new logistics space under development, but a significant proportion is already tied to specific projects or committed before completion.
For this reason, new construction will help to widen supply, but is unlikely to immediately eliminate the existing tension in certain locations and property types. The market will continue to need new land, ready-to-develop sectors and projects capable of generating product suited to operators’ current needs. It will be particularly important to monitor the evolution of urban planning sectors undergoing transformation, and new developments that may bring supply on stream during 2027 and beyond.
The first half of 2026 therefore leaves a clear picture: high demand, limited availability and a progressive shift of activity towards new locations.
At Masachs Industrial Logística, we consider this widening of the Catalan logistics map to be particularly relevant. The emergence of new developments in second and third rings will help generate alternatives in a market that needs to bring new supply on stream. Over the coming months, it will be important to monitor not only the warehouses reaching the market, but also the urban planning sectors and land undergoing transformation that will enable the new logistics projects of the future to be generated.
Because behind every new logistics platform lies an essential precondition: having the right land available.
