Portugal falls in ranking of best European locations for logistics

2 March 2006

Lisbon, Portugal, 02 March – Portugal fell one place in the ranking of best European locations for setting up logistics platforms in 2005, in a list drawn up by consultancy firm Cushman & Wakefield Healey & Baker (CWHB) and in which Belgium topped the chart.

In its “European Distribution Report 2006” published Wednesday, CWHB said that Portugal was ranked 12th, against its 11th place in 2003 and 2001. The study is carried out once every two years.

The director of CWHB’s industrial department in Portugal, Ana Gomes, explained that, “Portugal is continuing to widen the with Central and Eastern Europe in terms of distribution and logistics.”

In the comparative ranking of the factors looked at, Portugal sits in 6th place for real estate costs, amongst 15 countries, where the top spot is taken by the United Kingdom.

In terms of labor costs, Portugal is in 5th place in a list topped by Austria, while in terms of accessibility it ranked in 13th place.

Lisbon is in 12th place in the ranking of most expensive places to rent logistic space at 54 euros per square meter (December 2005 figures), in a list led by London where the figure rises to 200 euros.

In CWHB’s study, all central European countries went up the ranking, with the Czech Republic in overall 4th place, Poland in 5th and Hungary in 7th.

Ana Gomes said that these countries had benefited from “a change in location of many logistics operators from Western to Eastern Europe in order to reduce costs. (macauhub)