AGAIN STRONG FIRST QUARTER
The upward trend observed in the logistics investment market for several years continued in the first quarter of 2019. With a transaction volume of 1.32 billion €, the previous year's result was missed by a good 22 %, but it still represents the fourth best result ever recorded. At the same time, for the third year in a row, the billion mark was exceeded in the first three months. Almost 58 % of turnover was generated with individual properties, which contributed 759 million € to the result and thus exceeded the ten-year average by 47 %. But portfolios were also again extensively involved. At 557 million €, they are also a good 20 % above their long-term average. The largest package sale to date is the purchase of German cold stores by Tristan and Barings, accompanied by BNP Paribas Real Estate, for over 250 million €. In view of the great interest shown by both national and international investors, the volume would have been even higher if there had been a greater supply of attractive properties on the market.
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