2020 was a record year for Installation & Logistics investment volumes with ca. €3.3 billion transacted and a 32 percent share of the total annual volumes according to ‘The CEE Industrial Scene  2020-2021’ just released by Colliers. Capital from the APAC region secured a dominating 52 percent share of I&L volumes in the CEE region in 2020 followed by EMEA and US capital.

The pandemic has had a notable impact on overall CEE investment activity in 2020, with total volumes ending  24 percent below those of 2019. International investors were disrupted from being able to travel and physically inspect properties, however, this did not stop dominant interest from APAC investors targeting industrial & logistics assets.

“The majority of investors looking at industrial & logistics investment products also prefer to acquire portfolios, platforms or opportunities with scalability. The ca. €3.3 billion volume in 2020 consisted of approximately 45 transactions, giving an average deal size of over €70 million.  Among these transactions, were some very notable portfolio deals, the largest of which was GLP acquiring the Goodman assets in CEE for ca. €1 billion,” Kevin Turpin, Regional Director of Research | CEE at Colliers, said.

“By the end of 2020, the total transaction volume reached a record high of 5.4 million sqm – a record value for Poland’s market. The highest tenant activity was noted in Warsaw (1.2 million sqm in three zones) and Upper Silesia (1.07 million sqm), which noted a 79 percent growth in demand over 2019. The regional markets that also marked an increase in popularity in 2020 included: Western Poland, where 265,000 sqm was leased (compared to 40,000 sqm in 2019), Bydgoszcz/Toruń (139,000 sqm compared to 55,000 sqm), and Kraków (150,000 sqm compared to 77,000 sqm),” Maciej Chmielewski, senior partner, director of the Industrial and Logistics Agency at Colliers, added.

(WBJ)