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


SINGAPORE (EDGEPROP) – “We developed our worldwide logistics profile early, and also currently have a leading market setting in the market,” claims Kari Pitkin, head of organization advancement Europe at Allianz Realty. Significant purchases by Allianz Property in 2021 consist of EUR280 million in the red financing offered to property 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.

Realty financial investment supervisor Allianz Realty 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.

Most just recently, the company introduced the conclusion of a EUR290 million develop-to-core logistics automobile concentrated on Quality A speculative possessions in the UK in collaboration with market expert AEW. It additionally heightened 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 international profile by 25% by 2025 as well as internet no by 2050.

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 gaining from solid tailwinds created by its substantial fostering of ecommerce.

The Commodore Singapore

Danny Phuan, head of procurements Asia Pacific at Allianz Property, 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 fields over a five-year duration, the industry is anticipated to stay resistant in 2022 because of durable, consistent patterns, consisting of raised customer shipment need along with supply chain re-configuration,” he includes.

Phuan proceeds: “With thick cities having limited readily available land, a cutting-edge strategy to logistics will certainly be called for 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 assume multi-story warehousing might come to be much more prominent, as will certainly mixed-use structures with logistics consisted of.”

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 as well as EUR2.5 in Asia Pacific.

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


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