Logistics sector sees demand soar

The logistics sector in Greece is expected to be among the fastest-growing fields over the rest of this year and in 2021. Market professionals argue that significant underinvestment in the sector, combined with the constant increase in demand for top-standard storage and distribution facilities make this property category one of the safest moves for institutional investors and property development companies.

According to Dika Agapitidou, general manager at Athens Economics Ltd - JLL, "the properties hosting logistics activities have been at the focus of institutional investors' interest throughout Europe over the last two years. Greece is no exception, recording significant investments and strong competition among buyers."

The immediate effect of the pandemic was the soaring need for logistics facilities. Consequently, as leading Athens Economics Ltd - JLL official...