Publications

JULY 9, 2020

To read this full article you need to be subscribed to Newsline.

Sign in Sign up for a FREE subscription

Viva la logística

by Marek Handzel

Spain’s logistics market is storing up stable returns and continues to attract cross-border capital, writes Jennifer Bollen.

Figures from BNP Paribas Real Estate show stark differences in subsectors across European real estate investment funds. As of late April, year-to-date total returns in retail had slumped by about 55 percent, while offices had fallen by about 9 percent. In the industrial sector, they remained in positive territory, growing at about 5 percent.

It is numbers such as these that have moved managers to focus even more intently on the logistics space during the crisis. Ludovic Bernini, fund manager of logistics at real estate manager AEW, continues to pursue logistics deals despite the disruption the lockdown has caused to business. “But we are very selective,” he says.

Within Europe, it is Spain, in particular, that has hugely benefitted from the industrials success story. Positioned on the strategically important Mediterranean corridor, m

Forgot your username or password?

We use cookies and other tracking technologies to personalize your user experience on our site and perform site analytics. By clicking on “I accept”, you consent to our Privacy Policy.