The Logistics market is proving resilient and attractive
A symmetric shock led to a global recession and an asymmetric rebound
The first impacts of the pandemic were a disruption to the supply chain and a decrease in domestic demand following the restrictions imposed by governments. The lockdown measures introduced by European governments have global implications that are still difficult to fully measure. Indeed, as activity and demand effectively stopped overnight, companies were pushed towards unknown horizons, forcing governments to take unprecedented steps to protect jobs and incomes.
E-commerce sustains markets disrupted by the Covid-19 pandemic
Following record volumes of transactions for 3 years in a row, 2020 will inevitably show a decline in take-up. However, the logistics market showed good resilience during the crisis as market fundamentals remain healthy with low vacant space and strong demand boosted by e-commerce.
Industrial & Logistics investment stable thanks to a strong Q1
Though the investment market maintained high volumes, it clearly declined in Q2. However, investor appetite is not fading as logistics represents a safe, stable and attractive asset. Prime yields remained stable in Q2 and show no sign of decompression.
