Germany

Germany Logistics Spring 2011

Record results in the German warehouse and logistic market

• Favourable macro-economic developments assured the Hamburg and Frankfurt regions of record take-up results, of approx. 612,000 sq m (+69% y-o-y) and 326,000 sq m (+22% y-o-y) respectively.

• The investment volume of logistics properties almost doubled, to €880m.

• At present, there is a shift in the investment criteria of investors being observed in terms of location and lease terms, but not in terms of the investment volume.

• Nevertheless, it is particularly difficult to find attractive investments in smaller individual lot sizes of €10m that meet investors’ traditional criteria.

Author(s): several

Source: BNP Paribas Real Estate

Published: 25.03.2011