The fire that broke out on Wednesday in Caldas da Rainha and during which a firefighter died, consumed an area of about 650 hectares, mainly eucalyptus, the.
The rise of e-commerce and the logistical nightmare created by the COVID-19 pandemic have caused a surge in demand for warehouse space in the US, and big investment funds have taken note.
“It’s been a tremendous struggle to find the appropriate location for clients,” said Michael Schipper of Blau & Berg Co, a commercial real-estate specialist in New Jersey and New York.
Available space has been dwindling steadily for 18 months, and the vacancy rate is now 3.4 percent, although developers delivered 90 million square feet of new warehouse space in the first three months of the year, real-estate firm Jones Lang