According to a survey among investors in Germany conducted by Colliers International the logistics asset class is even experiencing a slight increase in demand among investors who have now placed logistics real estate on their shopping lists. The proportion of investors now considering industrial and logistics real estate increased from 49 % to 54 %.
The first quarter has not yet shown any significant COVID-19- related signs in the purchasing behaviour of investors. However, we expect the first noticeable effects of the economic and social standstill to be felt in the course of the second quarter. Despite the favourable situation for logistics properties, we must expect a collapse in transaction volume here, which could also have an impact on the development of purchase prices.
