LOGISTICS MARKET CONTINUES TO RUN AT FULL SPEED
The success story on the logistics investment market continues. A total of €4.23 billion was invested in German logistics real estate in the first half of the year, €2.2 billion of this in the second quarter. This is the second-best half-year result ever. Compared with the already very strong result of the previous year, a further increase of 13% was registered. Individual and portfolio deals contributed equally to this growth in volume, with increases of 13% and 14% respectively. However, the investment focus in 2021 has so far remained on single deals, in which around €2.9 billion had been invested by the middle of the year, compared with €1.4 billion in the portfolio segment. The high attractiveness of German logistics real estate is also reflected in the fact that, in addition to the established national and international players in this segment, a number of investment managers are now launching new logistics funds, although they have not yet been active in this asset class.