European logistics transaction prices have already stabilized and are expected to rebound quickest of any sector, according to AEW’s monthly report for May 2024.
Unsurprisingly, investors’ sentiment for logistics is also improving faster than other sectors. Both confirm that logistics remained European investors’ preferred sector.
“The macro-economic outlook in Europe continues to improve in first half 2024, helped by the rebound in retail sales and industrial output, as well as supply chain normalization,” said Hans Vrensen, head of research and strategy Europe at AEW. “After their post-COVID adjustment, we expect e-commerce sales to return to their long-term growth trend, particularly in less mature markets where penetration remains low. This, together with ongoing supply chain reconfiguration, should support continued growth in demand for logistics space in the coming years. This solid demand is also underpinning our positive outlook for prime logistics
