(Finance) – In 2021 the volume of investments in properties logistic in Europe it reached i 68 billion euros, equal to over 20% of the resources allocated to the real estate sector, with an increase of over 50% compared to the previous year. The Kingdom Unitedwith around 19 billion euros, the Germany with 10 billion (plus 25 percent) and France with over 6.5 billion euros of transacted goods.
Also in Italy the logistics real estate market in 2021 confirms the growth trend that has characterized it for some time, thanks to investments equal to 2.8 billion euroswhich pushed the sector to the top of capital allocations thanks to the growing attention of foreign institutional investors and the increased demand for space in those so-called secondary markets.
These are some of the data that emerged today in Milan during the conference La Bella Logistica during which the “2022 Report on the real estate market for logistics in Europe and Italy” was presented, by Real Estate Scenarios in collaboration with SFRE, a Project & Construction Management company, specializing in logistics and light-industrial properties.
In Italy in 2021 the compartment logistic it has a turnover of around 5.3 billion euros, up 7% and with a growth forecast for 2022 of 4%. There distribution shows how the Northern Italy it still represents the largest market with an absorption equal to 72%, with the center following at a distance with 15% and the remaining 13% consisting of the markets of the south and the islands.
The constant growth of the logistics market has led the current real estate assets to exceed 44 million square metersthanks to the closure in 2021 of developments for over 1.6 million square meters, with an increase of 6% compared to the new surfaces created in 2020. Estimates for 2022 foresee developments in pipelines of just over 1.7 million square meters.
“Logistic properties – he declared Francesca Zirnstein, general manager of Scenari Immobiliari – constitute an asset class capable of guaranteeing positive and stable trends in the medium-long term capable of overcoming economic and political tensions. In Italy this has resulted in growing attention from both domestic and foreign institutional investors, in particular US players and increasingly players from Southeast Asia. In the logistics sector, the strong pressure of demand, which often exceeds the supply of available spaces, sees a growing interest in grade A properties. commerce, has consolidated the demand for ‘last mile / last touch’ properties that are developed with reduced unit dimensions, from five thousand to fifteen thousand square meters, and which today have a potentially enormous growth margin, opening up the possibility of new investments in locations secondary. Hence the need to develop a new governance capable of putting into a system objectives, accessibility, effectiveness, evolution of the sector, support and protection of workers, containment of environmental externalities, verification of the impact. Not only sustainable logistics but also a presence that is more suited to the physical environments, the host territories, the needs of those who work there. “
“I firmly believe – he underlined Filippo Salis, CEO and founder of SFRE – as one of my professors said, ‘If logistics works well in a national territory, that national economy works well’. Today, a logistics that works well, a “beautiful logistics”, is a logistics that becomes high-level light industrial, developing its buildings no longer as simple big boxes, but as centers with high technological complexity, projects in which the key words are: automation, innovation, sustainability, flexibility and requalification. So the concept of Bella Logistica is a broad and diversified concept. Concrete examples: Fire Safety Engineering as a methodology in fire prevention design, Greenwalls and landscaping and ESG which, therefore, is no longer just an environmental value, but a social value, real and precise, capable of satisfying financial needs. This is the road to an asset class capable of great results in terms of Net Carbon Zero and Carbon Footprint “.
2021 can be considered as the year of transition and natural evolution of thelogistic asset towards a sector aimed at raising health standards (in response to the Covid-19 pandemic event), intermodality and social-economic-environmental sustainability. As a demonstration of the growing sensitivity of operators and investors towards these issues, there is the research and the will to invest mainly in assets and buildings capable of responding to Esg criteriawith attention to the energy and environmental efficiency guaranteed by Breeam and Leed certified real estate developments and to the social repercussions and management efficiency.
In Italy in 2021 the average increase of royalties of logistics properties was over 9%, with higher shares for Milan and Lombardy. At the same time, prices had an average increase of about 17%, mainly deriving from constantly decreasing yields and the national growth of average rents.