Investment in logistics properties is on the rise as Europe’s consumers change the way they shop, increasingly focusing on online purchases.
Investment in logistics properties hit a seven-year high of €19.8b last year, and was up 34% from the prior year. The UK was the market leader, with investment there up 65% at €7.9b, figures from Property Data showed.
Continental Europe was not left out. Data from Real Capital Analytics showed investment in Finland up 849% at €1.14b, investment in Ireland up 7,200% at €197m and investment in Spain up 273% at €608m.
