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


SINGAPORE (EDGEPROP) – Last December, Allianz Realty and also logistics professional VGP developed a 50:50 joint endeavor to create a ortfolio of 90 prime logistics possessions in around 25 calculated areas in Germany, the Czech Republic, Hungary and also Slovakia over a five-year duration.

Danny Phuan, head of purchases Asia Pacific at Allianz Property, keeps in mind that the logistics market has actually appeared of the Covid-19 economic crisis more powerful than ever before. “Surpassing all various other markets over a five-year duration, the market is anticipated to stay durable in 2022 because of durable, consistent fads, consisting of raised customer distribution need in addition to supply chain re-configuration,” he includes.

“We developed our worldwide logistics profile early, and also currently have a leading market placement in the industry,” claims Kari Pitkin, head of organization growth Europe at Allianz Property. Significant purchases by Allianz Property in 2021 consist of EUR280 million in the red financing offered to property financial investment administration expert BentallGreenOak in September to sustain the growth of a build-to-core profile of 8 prime logistics properties in the UK.

Most just recently, the company revealed the conclusion of a EUR290 million develop-to-core logistics automobile concentrated on Quality A speculative possessions in the UK in collaboration with market expert AEW. It likewise increased decarbonisation initiatives in 2014: Last April, Allianz Realty introduced an ESG (ecological, social as well as administration) program focused on decreasing the carbon impact of its international profile by 25% by 2025 as well as internet absolutely no by 2050.

Phuan proceeds: “With thick cities having limited readily available land, an ingenious technique to logistics will certainly be called for as we browse 2022 as well as past. If the need for last-mile centers as well as land worths stays high sufficient, we believe multi-story warehousing might come to be extra preferred, as will certainly mixed-use structures with logistics consisted of.”

Allianz Property 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 taking advantage of solid tailwinds created by its considerable fostering of shopping.

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Property financial investment supervisor Allianz Realty has actually seen its worldwide 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.

The company’s logistics direct exposure consists of EUR8.6 billion in equity financial investment, a boost 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.


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