Trammell Crow Company’s Post

UK logistics occupiers are no longer primarily in growth mode and are more driven by strategic decision-making, governed by upcoming lease events and a desire to improve the ESG credentials of their real estate portfolios. Take up, despite a drop in 2023, remains significantly above pre-Covid levels.

“When you look at modern versus legacy product, there is a stark transition that is about to occur in the US logistics market.” Mary Lang, speaking recently to Samantha Rowan of Real Estate Capital USA about the critical need for #modernlogistics stock in the U.S. The #industrial sector is set for disruption as much of the new development pipeline lacks full construction financing, creating an opportunity for the current modern stock to outperform for investors. More below. #CRE #Logistics https://cbreim.co/3VdI0p9

Since 2015, the Prologis Logistics Rent Index examines trends in the market rental growth across the world. In 2023, the European rent growth was 7% and vacancy rates remain steady at around 4%. It’s interesting to see that some European markets remain in high demand for our customers, specifically Munich and South Netherlands which were featured in the top Global Rent Growth Markets. The Netherlands is still one of the markets that is recording large rent increases (13%).   Want to learn more about the figures and trends we measured and observed in 2023? Read more: https://lnkd.in/eAarDux4   #prologiseurope #rentindex #logisticsrealestate

Deka Immobilien acquires newly built logistics property near Paris Dr. Malte-Maria Münchow, Head of purchase and sale of special properties: ”By adding this logistics property to our portfolio, we are reaffirming our commitment to the French market and our confidence in the dynamic development of the Île-de-France. This project exemplifies our strategy of investing in unique and future-oriented assets that not only enrich our portfolio, but also set new standards in innovation and sustainability. Current and future investments further strengthen our presence. Last but not least, we want to actively shape the development of local real estate markets,” #realestate #industrialrealestate #commercialrealestate

Fantastic to see structural timber becoming prevalent across a number of logistics developments around the M50 (look out the window the next time you fly into Dublin airport) - crucially with insurers on board. Given the huge carbon savings compared with concrete and steel, let’s hope this is the thin end of the (timber) wedge that sees increased adoption of glue-lam and CLT in other sectors. Technical solutions for fire safety and escape of water exist for taller timber frame buildings, if building control authorities can be persuaded of the imperative to re-evaluate existing regulation and consider best practice abroad 🪵 🌎 💫 #timberframe #esg #iput #newparkdevelopments #howdeninsurance

Savills Investment Management acquires two logistics assets in France Evert Castelein, Investment Director and co-head of European Industrial & Logistics at Savills IM, adds: Savills IM has a notable European logistics platform with over €6bn of investments sourced and managed by local teams based in one of our 12 European offices. The supply constrained nature of the French cross-dock market makes this an exciting second acquisition for EULIF as we believe it is expected to benefit from positive rental growth. A strong capital position enables the vehicle to buy with full equity first in anticipation of more favourable financing conditions. #realestate #commercialrealestate #industrialrealestate

In the construction industry, one weak link in your supply chain can disrupt your entire project. ERA Group offers solutions to streamline operations, minimize waste, and optimize costs. Our experts help you forge stronger partnerships with suppliers, negotiating better terms and bulk purchase agreements. Ready to upgrade your supply chain management? Click on the link in comments below to download our latest insights and explore how ERA Group might support your business. #SupplyChain #ERAGroup #BuiltEnvironment

Take-up of industrial and logistics space across Europe fell 24% to 28.8m sq m in 2023, reveals Savills’ latest European Logistics Outlook. The company said take-up last year was still 9% above the five-year pre-pandemic average, with the annual figure boosted by 8.1m sq m of space transacting in Q4 – although this was down 7% on Q4 2022.  

Companies are moving their business back to Europe and there is a growing trend to place production and logistics closer to the consumer market. This follows from the analysis of the management company 365.invest. https://lnkd.in/drb-7bHY

With #logistics leasing activity expected to slow down in Asia Pacific this year, how will this impact the sector outlook? What are the key demand drivers? CBRE’s Ada Choi and Liz Hung highlight the 3 trends to watch in the #industrial & logistics space. Unlock more insights in our 2024 APAC Real Estate Market Outlook: https://cbre.co/3TLOTM4 #CBREInsights #CBREMarketOutlook