Investment volume in industrial segment 67% up y/y in 2016 - AXI IMMO

The volume of investment transactions at the end of 2016 exceeded €4.56 billion, of which €770 million fell within the industrial sector. This result is 67 percent higher compared with the same period last year, according to a recent AXI IMMO report. Last year’s most important investment transactions include the purchase of the P3 portfolio by GIC Real Estate and the Hillwood portfolio by CBRE GI. Competitive rates of return on investment, compared with Western Europe, with very good results in the rental market are a key factor in the growth in the investment market. “Negotiations are underway for several large projects, allowing an optimistic forecast for 2017. It should be emphasized that the concentration of investors in the major logistics hubs is a continuing trend. New locations are still too risky from the point of view of funding projects, especially in the face of an uncertain tax situation. Currently, the largest risk factor putting the brakes on some transactions are uncertainties associated with VAT interpretations when buying and selling investments,” commented Renata Osiecka, Managing Partner AXI IMMO.