Swiss Life Asset Managers is planning to invest around €1bn in European industrial and logistics real estate.
The asset manager said it intends to focus on investing in assets in Germany, France, Benelux, Switzerland and the UK.
Swiss Life Asset Managers said it believes investments in European industrial and logistics real estate will benefit from a number of megatrends like de-globalisation, e-commerce and urban logistics.
“Industrial and logistics real estate is noted for producing steady returns, as the focus is more on rental income and less on value increases from market growth, the manager added.
To read the digital edition of the latest IPE Real Assets magazine click here.