Proximity to labour and finding enough skilled workers for e-fulfilment centres is the single most important factor influencing logistics developers’ location decisions in Europe, according to Robert Dobrzycki, CEO of Panattoni Europe.
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European logistics investor Delin Capital Asset Management has entered Spain with the acquisition of a logistics development site in Alcala de Henares.
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Asset manager Valor Real Estate Partners has acquired four logistics warehouses in Paris and Lyon on behalf of clients for around €60 mln.
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Investment manager Savills IM has acquired a distribution centre that is being built near Nuremberg by developer ECE.
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Aberdeen Standard European Logistics Income (ASLI) has expanded its logistics portfolio in the Netherlands with the acquisition of a warehouse in 's-Heerenberg for €24 mln.
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US-based investor Hines has acquired an 85,000 ft2 (7,900 m2) urban logistics centre in Enfield, Greater London, on behalf of the Hines Pan-European core fund.
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US-headquartered real estate firm Hines has acquired two plots of land in Hamm, Germany, as part of a new strategy to develop logistics assets across the country.
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Germany's logistics real estate market recorded a comparatively modest start to the year, according to new research from Colliers International, with only €1.1 bn invested into German industrial and logistics assets in Q1 2019, down 38% year-on-year and a drop of 10% on the 5-year Q1 average.
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Panattoni Europe leads PropertyEU's annual logistics developers ranking - based on warehouse completions between 2016 and 2018 - for the third year in a row, fuelled by strong economic growth and the continued rise of e-commerce.
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Led by Panattoni, the top six firms in PropertyEU’s annual logistics developers ranking are unchanged from last year, with e-commerce a major driver of growth.
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With the first half of 2019 completed, PropertyEU can reveal the top 10 capital formations of the six-month period.
