Investments in German logistics, Unternehmensimmobilien-type and industrial real estate had already reached a new high-water mark in 2019 with more than €9 billion ($10.6 billion), according to an independent survey series published by the Competence Centre for Logistics and Real Estate.
Analogously, the sum total of recently completed pure logistics accommodation set a new record with 4.9 million square meters (52.7 million square feet), subject to an upward trend; the demand for new-build facilities between now and 2030 amounts to 6.5 million square meters to 7 million square meters (75 million square feet to tk million square feet), and continues to exceed the available supply by far. Selling prices have gone up in recent years, while initial yields of logistics real estate have dropped in reverse proportion to the range of 3.7 to 6.8 percent (2019), depending on location. Yet the price growth lost some of its momentum during the first half of 2020.
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