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


SINGAPORE (EDGEPROP) – Danny Phuan, head of procurements Asia Pacific at Allianz Realty, keeps in mind that the logistics market has actually appeared of the Covid-19 economic crisis more powerful than ever before. “Outmatching all various other markets over a five-year duration, the industry is anticipated to stay durable in 2022 as a result of durable, consistent fads, consisting of raised customer shipment need in addition to supply chain re-configuration,” he includes.

Allianz Realty anticipates to more broaden its logistics profile in 2022, increase its task in Europe, the United States and also in the fast-growing Asia-Pacific area, every one of which are gaining from solid tailwinds stimulated by its substantial fostering of ecommerce.

Last December, Allianz Realty and also logistics professional VGP created a 50:50 joint endeavor to create a ortfolio of 90 prime logistics properties in around 25 calculated areas in Germany, the Czech Republic, Hungary as well as Slovakia over a five-year duration.

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Most just recently, the company revealed the conclusion of a EUR290 million develop-to-core logistics lorry concentrated on Quality A speculative properties in the UK in collaboration with field professional AEW. It additionally increased decarbonisation initiatives in 2014: Last April, Allianz Realty revealed an ESG (ecological, social as well as administration) program targeted at lowering the carbon impact of its international profile by 25% by 2025 and also web no by 2050.

“We developed our worldwide logistics profile early, as well as currently have a leading market setting in the market,” claims Kari Pitkin, head of company advancement Europe at Allianz Property. Noteworthy deals by Allianz Property in 2021 consist of EUR280 million in the red financing given to realty financial investment administration expert BentallGreenOak in September to sustain the advancement of a build-to-core profile of 8 prime logistics possessions in the UK.

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

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

The company’s logistics direct exposure consists of EUR8.6 billion in equity financial investment, a rise of 39% y-o-y as well as 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.


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