German industrial, logistics investment transactions total €7.5b
The German industrial and logistics investment market finished 2020 with an exceptional transaction volume totaling at roughly €7.5 billion ($8.91 billion), according to Colliers International.
Topping previous-year results by 14 percent, this strong annual result is second only to record year 2017 (€8.7 billion/$10.34 billion). Although the logistics asset class continued to rank third on the overall commercial real estate market, it did manage to up its market share to 13 percent compared with the previous year’s 9 percent. 2020 was marked by remarkable deals that highlighted the strength and attractiveness of this asset class more than ever before. The global COVID-19 pandemic created additional impetus for investment in logistics assets and put the logistics asset class on the radar of many investors for the first time. An increasing number of investors with very little or even no prior exposure to logistics were involved in bids for this asset class. Ongoing limite