Industrial and logistics sector reaches historical levels
The industrial and logistics sector generated €40 billion of investment in Europe during 2017, 62 percent more than in 2016.
Compared to 2016, take-up for warehouses over 5,000 square metres grew by 9 percent last year in the 21 European cities regularly followed by BNP Paribas Real Estate. The overall take-up was 15 percent above the average, which has been recorded since 2011.
France, the Netherlands and Spain all recorded historically high transaction volumes in the logistics sector, while in Germany, logistics assets continue to attract more capital than ever, reaching a breaking record of €9.2 billion in 2017.
In France, the investment market was particularly strong in 2017, boosted by portfolio transfers. It reached yet another record year over 4 million square metres, boosted by a stronger economic environment and a greater visibility since the presidential elections. The market was supported by demand from large distributors in the food industry and