INVESTMENT ASSET CLASSES
Logistics Well established as attractive asset Class The rally with logistics investments has continued. Based on their experience in other international markets, foreign investors in particular have shown disproportionate interest in the logistics asset class and accounted for over 50 % of total investment volume.
Second best transaction volume ever Logistics investments have continued their success story. With a transaction volume of 7.2 bn € the previous year’s record was missed as expected (-21.5 %), but nevertheless the second-best result ever was achieved. The decline is due to lower portfolio turnover, as several large pan-European logistics platforms were sold in 2017. In contrast,
a new record of 3.19 bn € was set for individual sales. In addition to classic logistics properties and portfolios, light-industrial sales were increasingly registered, which are gaining more and more attention among investors. The decisive factors here are, on the one hand, comparatively attractive returns and a broader and thus less sensitive mix of uses. The most striking examples are the Laetitia and Optimus Prime portfolios. At just under 52 %, foreign investors contributed more to the result than German investors, even though their share declined due to the lower portfolio volume. Based on their experience in other international markets, foreign investors are showing disproportionate interest in the logistics
