It is often said that the real estate investment business, while about buying and managing buildings, is essentially a people business. More sought-after than ever, real estate investors continue to have a bullish outlook on the logistics sector. However, tight pricing suggests yields are unlikely to further compress, meaning rental growth will drive future performance. An understanding of the long-term drivers of logistics demand is therefore crucial.
How the role is changing and what this means for the asset managers is explored in this paper from Allianz Real Estate’s West Europe CEO, Alexander Gebauer – originally published by PERE in April 2021.
Get the full article HERE.