The first IPD Pan-European Logistics Performance Report monitors and analyses the performance of logistics across Europe. This report provides the basis of a benchmarking service that will enable investors to understand the true performance of the sector compared to the rest of the property market.
The performance report defines logistics assets and draws from IPD’s database of standard industrial properties. The result is a pan-European logistics sample valued at €11bn, representing 20 countries and more than 700 properties dating back to 1998.
On the 9 October, during EXPO Real in Munich, Kevin Mofid, Associate Director at BNP Paribas Real Estate, the leading property adviser and sponsor of the report, and Doug Rowlands, IPD’s Head of Multinational Services, will discuss the emergence of logistics as a distinct asset class and the potential impact of the new benchmarking service.
Kevin Mofid of BNP Paribas Real Estate commented: “The Pan European Logistics Performance Report will allow the industry to better define logistics and therefore be able to measure performance more accurately. Having worked with IPD for a number of years to create a UK Logistics performance report, we have seen first-hand the benefit that greater transparency and information can bring to all players in the logistics market, including occupiers, developers and investors.”
The logistics sector continues to attract attention from the institutional investor market and the introduction of a sector specific performance measure will further enable investors and advisors to make well-informed decisions.
The report was sponsored by BNP Paribas Real Estate, CBRE and Jones Lang LaSalle.