If you think the only profitable real estate investment is buying an apartment to rent out, you’re off the mark. A report reveals that logistics warehouses are generating returns that double those of the residential market. While a traditional rental barely scratches 5% annually in dollars, industrial warehouses yield between 9% and 12%.
Alejandro Winokur, partner and director of Newmark Argentina, explains it bluntly: «Historically it fluctuates between 9% and 12%.» The reason for such a difference is constant demand: in times of high inflation, companies stock up; with controlled inflation and more imports, they also need space to store goods. It’s a business that never stops.
But beware: it’s not the same as buying a two-bedroom apartment in Palermo. Here the rules are different. Companies are not looking for just any warehouse; they want efficient depots that reduce costs, have good mobility, and ease of loading and unloading. Additionally, when building, only 50% to 60% of the land can be used. If you buy a hectare, you build 5,000 or 6,000 m².
Newmark’s report surveyed more than 43,000 hectares with logistics potential in the northern, western, southern, and southeastern corridors of Greater Buenos Aires. The conclusion is clear: traditional nodes have become saturated and expansion is moving to the periphery. But beware: in unpopulated areas, infrastructure costs must be added.
The northern corridor is the most developed and competitive. It has 439,360 hectares, of which 32,730 are for logistics use. Nearly 21,500 hectares are free, 65%. The paradox: it is the most in demand but has the most available space because it is also the largest. It stands out for its connectivity with the Capital, the Mercosur Route, ports, and the bi-oceanic corridor. Previously, business was concentrated in the San Eduardo Triangle, Pacheco, and Tortugas; now it has expanded to Escobar, Campana, and Zárate.
The western corridor ranks second. It has 141,720 hectares, 12,000 logistics, of which 8,814 are free (73.5%). It is more dispersed but with expansion potential. Moreno, General Rodríguez, and Luján are the growth poles, driven by the Western Access and Route 7. The metallurgical and mechanical industry (27%) and technology (11%) predominate.
The southern corridor is the one that has everyone waiting. «I am sure the south will explode,» says Winokur. It has 220,650 hectares, 10,260 logistics, and 7,182 available (70%). Proximity to ports, Ezeiza airport, and the Buenos Aires-Cañuelas highway make it ideal. Prices vary: from 63 USD/m² in areas like Cañuelas to 153 USD/m² near the highway.
The southeastern corridor is the last but with a plus: it concentrates the largest extensions of available land less than 40 km from the Capital. Ideal for those who want to be close to the city without paying crazy prices.
In summary: the logistics warehouse business is booming. If you have some money to invest, forget the apartment; warehouses give you double. But it’s not for everyone: you have to understand the game and choose the location well. The north remains king, but the south promises to explode.
para mi esto es clarisimo los zurditos llorando xq no pueden alquilar mientras nosotros los q laburamos invertimos en galpones y ganamos el doble 12% vs 5% no es magia es libertad los q se quedan en residencial son pobres diablos viva la plata viva la logistica firmado El_Patron_22
pa mi esto es otro choreo de los garcas de siempre mientras la gilada se mata pagando alquileres estos hdp se llenan de guita con galpones la guita sobra pa los ricos pa los laburantes ni pa el bondi partamos todo carajo firmado el pepe