According to Savills’ latest European Logistics Outlook, investment volumes to date have totaled €26.1 billion ($27.6 billion), a 14 percent increase compared to the same period in 2023. This signifies the second-highest level of investment in European logistics assets since the market reached a trough in the first quarter last year.
Savills notes that investment in the third quarter 2024 reached its highest point this year, totaling €9.3 billion ($9.8 billion), a 12 percent increase compared to the previous quarter and 23 percent higher than 2023’s figure. Although this remains below the five-year average, investment volumes remain solidly on track to surpass €36 billion ($38.1 billion) by the end of 2024, a projection based on the average distribution of investment volumes throughout the year.
On a country-by-country level, the largest increases in annual terms have been in Austria (+837 percent), the Czech Republic (+744 percent) and France (+146 percent);
