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


SINGAPORE (EDGEPROP) – Phuan proceeds: “With thick cities having limited readily available land, an ingenious method to logistics will certainly be needed as we browse 2022 and also past. If the need for last-mile centers and also land worths continues to be high sufficient, we believe multi-story warehousing might come to be much more prominent, as will certainly mixed-use structures with logistics consisted of.”

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 downturn more powerful than ever before. “Surpassing all various other markets over a five-year duration, the industry is anticipated to stay resistant in 2022 because of durable, relentless fads, consisting of boosted customer shipment need in addition to supply chain re-configuration,” he includes.

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“We developed our worldwide logistics profile early, and also currently have a leading market placement in the field,” states Kari Pitkin, head of service growth Europe at Allianz Property. Remarkable deals by Allianz Realty in 2021 consist of EUR280 million in the red financing given to realty financial investment administration expert BentallGreenOak in September to sustain the advancement of a build-to-core profile of 8 prime logistics properties in the UK.

Last December, Allianz Realty and also logistics professional VGP created a 50:50 joint endeavor to create a ortfolio of 90 prime logistics possessions in around 25 tactical places in Germany, the Czech Republic, Hungary as well as Slovakia over a five-year duration.

The company’s logistics direct exposure consists of EUR8.6 billion in equity financial investment, a boost of 39% y-o-y as well as 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 as well as EUR2.5 in Asia Pacific.

Allianz Property anticipates to more increase its logistics profile in 2022, increase its task in Europe, the United States and also in the fast-growing Asia-Pacific area, every one of which are taking advantage of solid tailwinds stimulated by its substantial fostering of shopping.

Most lately, the company revealed the conclusion of a EUR290 million develop-to-core logistics lorry concentrated on Quality A speculative properties in the UK in collaboration with field professional AEW. It likewise magnified decarbonisation initiatives in 2014: Last April, Allianz Property revealed an ESG (ecological, social as well as administration) program targeted at minimizing the carbon impact of its worldwide profile by 25% by 2025 and also web absolutely no by 2050.

Property financial investment supervisor Allianz Property has actually seen its worldwide logistics profile expand to EUR11.6 billion ($ 17.19 billion) in possessions under administration as at the end of in 2014, up 32% y-o-y.


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