2014 got underway on the German logistics investment market with a record transaction volume of more than €1.3 billion what is the highest quarterly result ever recorded.
According to the Colliers International report, during the first three months of 2014, industrial and logistic properties recorded a market share of more than 13% of the overall German commercial investment market. Especially international investors purchased property for €1 billion what puts almost three-fourths of total transaction volume with foreign investors.
During the first quarter 2014, properties with a volume of €731 million changed hands within the scope of portfolio deals. The largest transaction featured the purchase of 10 logistics properties in the amount of around €300 million by a joint venture included the Canadian Public Sector Pension Investment Board, Segro and two Tristan Capital Partners funds.