Allianz Real Estate sees global logistics portfolio increase 32% to EUR11.6 bil last year


SINGAPORE (EDGEPROP) – The company’s logistics direct exposure makes up EUR8.6 billion in equity financial investment, a rise of 39% y-o-y and also EUR3 billion in funding, up 15% y-o-y. Regionally, the company’s profile split is EUR5.8 billion in Europe, EUR3.3 billion in the United States and also EUR2.5 in Asia Pacific.

Last December, Allianz Property and also logistics expert VGP developed a 50:50 joint endeavor to establish a ortfolio of 90 prime logistics possessions in around 25 calculated places in Germany, the Czech Republic, Hungary as well as Slovakia over a five-year duration.

“We developed our international logistics profile early, and also currently have a leading market setting in the field,” claims Kari Pitkin, head of service growth Europe at Allianz Realty. Significant deals by Allianz Property in 2021 consist of EUR280 million in the red financing supplied to property financial investment administration expert BentallGreenOak in September to sustain the growth of a build-to-core profile of 8 prime logistics possessions in the UK.

Most just recently, the company revealed the conclusion of a EUR290 million develop-to-core logistics car concentrated on Quality A speculative possessions in the UK in collaboration with field professional AEW. It additionally magnified decarbonisation initiatives in 2015: Last April, Allianz Property introduced an ESG (ecological, social as well as administration) program focused on decreasing the carbon impact of its worldwide profile by 25% by 2025 and also web no by 2050.

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Property financial investment supervisor Allianz Property has actually seen its international logistics profile expand to EUR11.6 billion ($ 17.19 billion) in properties under monitoring as at the end of in 2014, up 32% y-o-y.

Danny Phuan, head of procurements Asia Pacific at Allianz Property, keeps in mind that the logistics industry has actually appeared of the Covid-19 economic crisis more powerful than ever before. “Exceeding all various other markets over a five-year duration, the market is anticipated to continue to be resistant in 2022 as a result of durable, consistent patterns, consisting of boosted customer distribution need along with supply chain re-configuration,” he includes.

Phuan proceeds: “With thick cities having limited readily available land, a cutting-edge strategy to logistics will certainly be needed as we browse 2022 and also past. If the need for last-mile centers as well as land worths stays high sufficient, we assume multi-story warehousing might come to be a lot more prominent, as will certainly mixed-use structures with logistics consisted of.”

Allianz Realty anticipates to more increase its logistics profile in 2022, increase its task in Europe, the United States as well as in the fast-growing Asia-Pacific area, every one of which are gaining from solid tailwinds created by its considerable fostering of shopping.


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