More modern warehousing increases logistics efficiencyLeitura de 7min
Despite the challenging economic climate, the warehousing market is forecast to expand and there are many investments in the construction of buildings that meet users’ evolving requirements.
Brazil’s stock of high-end logistics warehousing is expected to grow by 51% through 2017 to reach 37.4 million square meters, according to a survey by JLL Research covering 70 countries and involving 350 professionals. More than half of this expansion (about 7 million square meters) will occur in São Paulo, with 18% in Rio de Janeiro.
Within two years, São Paulo, Rio de Janeiro and Paraná will account for 76% of the total national stock. However, a trend is starting for decentralization of new ventures into southern Brazil and the states of Pernambuco and Ceará.
The vacancy rate in São Paulo currently stands at 13.5%, with 4.3% in Rio de Janeiro. New stock has 61% vacancy. The average asking price per square meter fell 0.8% nationwide, to R$20.91 per month. The greatest variations were seen in São Paulo (-2.8%) and Rio (-1.1%), with other states more or less stable.
Brazil received roughly 1.9 million m² of new high-end warehousing in 2014. The Campinas, Jundiaí and Cajamar regions of São Paulo jointly accounted for almost 574,000 m² delivered during the year. In Rio de Janeiro, the main regions were Queimados and Duque de Caxias. This year should see delivery of 6 million m² nationwide, equivalent to twice the total stock in Rio de Janeiro.
Despite the challenging economic climate, the warehousing market is forecast to expand and there are many investments in the construction of buildings that meet users’ evolving requirements. While some sectors face significant market constraints, new segments are becoming established and demanding space for product storage and distribution. This is the case of e-commerce, a business that requires modern sheds”, said Pedro Candreva, regional director of JLL.
According to Candreva, new operators and e-commerce segments such as clothing, shoes and books are entering the market forcefully, following on the previous wave of electronic goods.
Retail companies and large logistics operators are also consolidating operations that were previously scattered among several obsolete warehouses into a single, more modern building. In this way they enjoy synergies and reduce personnel costs, gaining greater agility and enhanced security,” he explained.
In many cases, the tenant can achieve a lower price per square meter than in his existing contracts, a reduction explained by the general economic slowdown that has affected rent levels.
However, the occupant is willing to pay the same or even more because of the many benefits that new warehouses offer. Supply chains are now very important to business competitiveness, and this means that companies seek the conditions that enable them to maximize logistical efficiency – they give priority to well-located warehouses for both their supply and the distribution of their products”, said Candreva.
The new projects employ the most advanced construction and automation technologies, providing optimized road layout to facilitate maneuvering all sizes of vehicles, internal parking for trucks, trailers, vans and urban cargo vehicles, and rest areas for drivers.
Most of the new projects are located within a radius of up to 70 kilometers around the city of São Paulo. Restrictions on truck traffic in the cities of São Paulo, Barueri, Alphaville and Tamboré have given rise to new regions focusing on logistics warehouses, in particular the nearby municipalities of Cajamar, Santana de Parnaíba, Itapevi and Araçariguama that are close to the state capital and enjoy easy access to major highways.
Investments in Rio de Janeiro are migrating from the Baixada Fluminense, where the lack of security is a major problem, to the safer region of Seropédica and Queimados where automotive industries have set up in recent years. In the case of São Paulo, investors are also avoiding the high land prices in regions closer to the capital.
Why move to a new warehouse?
• With greater clear headroom – up to 12 meters – new warehouses represent a gain in storage capacity, given that this is measured in cubic meters. At the same time, the lease is charged per square meter of floor space, meaning that the tenant can stock a greater volume for the same cost.
• Modern designs include electrical dock levelers to facilitate loading and unloading.
• Internal parking provides greater security for trucks, drivers and loads.
• Waiting rooms, rest rooms and bathrooms provide driver comfort.
• Modern warehouses have thermal and acoustic insulation and laser leveled floors with load factors of five to six tonnes per square meter.