European I&L investment increased 10% in H1 2020, despite a 2Q slowdown
-European industrial and logistics investment increased 10% YoY in H1 2020 to reach an encouraging total of €15.3bn.
-I&L volumes continued to outperform the wider property market, which saw a rise of 2% for the year to date.
-The best performing I&L markets in H1 were France, which surged 68%, Germany, the largest market, which was up 43%, and the Netherlands, which was 53% higher.
-Capital flows into European I&L in the last 12 months were 18% higher at €37.8bn, although 22% lower in 2Q 2020, due to Covid-19.
-Domestic volumes, the largest category, were 10% higher at €16.6bn, European cross border investment rose 35% and North American flows increased 18%.