Swiss Life Asset Managers plans to form an investment group and a new fund to invest in European industrial and logistics real estate in autumn 2020.
‘The aim is to achieve a target volume of around EUR 1 billion,’ said the company in a press release.
Swiss Life Asset Managers is planning investments in industrial and logistics real estate with a regional allocation in Europe. The main focus will be on Germany, France, Benelux, Switzerland and the UK.
The portfolio allocation to the industrial & logistics sectors is based on the specific characteristics of the respective regional target markets. Ideally, the properties purchased will be divided equally between the two sectors at portfolio level.
”Investments in European industrial and logistics real estate will benefit from a number of megatrends: de-globalisation, e-commerce, urban logistics and Industry 4.0.”
Investments in European industrial and logistics real estate will benefit from a number of megatrends: de-globalisation, e-commerce, urban logistics and Industry 4.0, according to Swiss Life Asset Managers.
”Industrial and logistics real estate is noted for producing steady returns, as the focus is more on rental income and less on value increases from market growth. The mix of small industrial and large-scale logistics properties points to above-average returns with below-average earnings volatility. The Covid-19 crisis in particular shows that the right choice of property types is a decisive criterion for success in real estate investments. In addition to residential properties, industrial and logistics properties in particular are proving to be extremely robust. Moreover, investors can further diversify their real estate portfolio at the European level by entering this market.”