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


SINGAPORE (EDGEPROP) – 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. “Exceeding all various other industries over a five-year duration, the industry is anticipated to stay resistant in 2022 as a result of durable, relentless patterns, consisting of boosted customer distribution need in addition to supply chain re-configuration,” he includes.

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

Most lately, the company introduced the conclusion of a EUR290 million develop-to-core logistics car concentrated on Quality A speculative properties in the UK in collaboration with field 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 minimizing the carbon impact of its worldwide profile by 25% by 2025 as well as web no by 2050.

Allianz Realty anticipates to additional broaden 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 gaining from solid tailwinds created by its substantial fostering of shopping.

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

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

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

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 as well as land worths continues to be high sufficient, we believe multi-story warehousing might come to be a lot more preferred, as will certainly mixed-use structures with logistics consisted of.”


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