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LogiCor

James Seppala - Blackstone Real Estate Europe

Hembla AB

There has been considerable interest in Blackstone’s latest European mega-logistics project barely two years after it sold its previous pan-European logistics company Logicor to China Investment Corporation for €12.25bn. Read more

Investment

Logistic business

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Demand for logistics real estate will continue to grow over the next three years in Europe, despite the threats by Brexit and global trade disputes, while yields are expected to fall further, delegates at a lively discussion... Read more

Markets

Warehouse and logistic space

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Some of the standout logistics deals of the past month on the German market were transacted by foreign investors, including the UK'S M7 Group, Frasers of Singapore and the Canadian group Granite... Read more

Investment

Investment Logistic

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US investment giant Blackstone Group is betting big on global logistics with its acquisition this month of New York- based Gramercy Property Trust in an all-cash transaction for $7.6b, marking the second multibillion takeover ... Read more

Investment

Willi Weis - JLL Germany

JLL Germany

London-based investment management firm Rasmala plc is on a drive to channel around $750m (€608m) into German offices and logistics over the next 24 months, its head of real estate, Naseer Aka, told REFIRE this month. Read more

Investment

Charles Kingston - REFIRE

REFIRE

In the week which saw the death of the company's founder, Ingvar Kamprad, at the age of 94, the legendary Swedish furniture chain IKEA announced ambitious plans to build a series of new distribution and logistics centres across Germany. Read more

Opinion

Europe

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AXA Investment Managers - Real Assets is beefing up its exposure to logistics, Laurent Jacquemin, head of European transactions at the group, told REFIRE at EXPO REAL. ‘We want to grow our logistics portfolio, notably in Germany,’ Jacquemin said. Read more

Companies

Retail Warehouse

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A new report by Capital Economics examines the rise in German industrial take-up, and concludes that prime rents will continue to edge up over the next two years. Read more

Markets

Investment

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Germany could be headed for a bumper year with up €100b in deals, according to Fabian Klein, head of investment Germany at CBRE in Frankfurt. ‘We’re expecting a record year in Germany this year, with at least €50b of deals. If enough supply comes... Read more

Markets

Anthony Myers - Blackstone

The Blackstone Group L.P.

Blackstone has raised €7.8b for its fifth European opportunistic real estate fund, Blackstone Real Estate Partners Europe V (BREP Europe V), making it the largest ever dedicated European fund, it announced earlier this month. Read more

Investment

Christof Winkelmann - Aareal Bank

Aareal Bank AG

The transaction volume for German logistics properties has exceeded last year's volume by 45% and, at €2.1bn for the first six months, marks a new half-year record for the asset class. According to property advisers Colliers, logistics has... Read more

Markets

Richard Wilkinson - Erste Group Bank

Edge Hill University

Listed Austrian property investor Immofinanz AG exited the logistics real estate sector last year (reported on in REFIRE in November) to concentrate on its office and retail investments and to renew its focus on its key markets, including reducing... Read more

Companies

Oliver Schumy - Immofinanz

Mayr Melnhof - Karton AG

We reported in these pages at the end of August that listed Austrian property group Immofinanz AG had announced that it planned to exit the logistics sector to concentrate on its office and retail investments, along with a renewed focus on its key... Read more

Markets

Bodo Hollung - Realogis

Bodo Hollung

The Munich-base logistics investor and fund manager Realogis Real Estate GmbH says the yield compression in the market for German logistics properties since the beginning of 2014 has now bottomed out, with gross yields of 6% still widely achievable. Read more

Markets 1 Comments

Logistic business

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Blackstone, the world’s biggest manager of alternative assets such as real estate and private equity, has invested in nearly all property asset classes as part of its enormous investing footprint and experience – but it has so far not invested in... Read more

Investment