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


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

The company’s logistics direct exposure consists of EUR8.6 billion in equity financial investment, a rise 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 additional 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 gaining from solid tailwinds stimulated by its considerable fostering of shopping.

Danny Phuan, head of purchases Asia Pacific at Allianz Realty, keeps in mind that the logistics industry has actually appeared of the Covid-19 economic downturn more powerful than ever before. “Outshining all various other fields over a five-year duration, the industry is anticipated to stay durable in 2022 as a result of durable, relentless fads, consisting of enhanced customer distribution need in addition to supply chain re-configuration,” he includes.

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Property financial investment supervisor Allianz Property has actually seen its worldwide logistics profile expand to EUR11.6 billion ($ 17.19 billion) in properties under administration as at the end of in 2015, up 32% y-o-y.

Phuan proceeds: “With thick cities having limited offered land, a cutting-edge technique to logistics will certainly be called for as we browse 2022 as well as past. If the need for last-mile centers and also land worths continues to be high sufficient, we assume multi-story warehousing might come to be extra preferred, as will certainly mixed-use structures with logistics consisted of.”

“We developed our international logistics profile early, as well as currently have a leading market setting in the field,” claims Kari Pitkin, head of company growth Europe at Allianz Realty. Remarkable deals by Allianz Realty in 2021 consist of EUR280 million in the red financing given to realty financial investment monitoring expert BentallGreenOak in September to sustain the growth of a build-to-core profile of 8 prime logistics properties in the UK.

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 market professional AEW. It additionally escalated decarbonisation initiatives in 2015: Last April, Allianz Realty introduced an ESG (ecological, social as well as administration) program focused on lowering the carbon impact of its worldwide profile by 25% by 2025 as well as internet no by 2050.