Savills: EUR151mn in industrial property traded in Munich area through 2015
Savills’ February 2016 report on Germany’s logistics and industrial investment market noted that, across the country as a whole, EUR4,144mn in industrial property was traded in 2015. This represented a 4% increase relative to 2014. Across the seven largest markets, prime yields at the end of December were 5.4%, or 100 basis points lower than at the end of 2014. In the Munich area, some EUR151mn in industrial/logistics property was traded last year, or 8% less than in 2014. This included EUR42mn in business parks, EUR32mn in industrial facilities and EUR77mn in logistics properties.
Source : Savills/Mar 2016/Munich/IND