Industrial and logistics sector should weather market turbulence
Investors still favour this asset class due to its strong fundamentals, but they want a higher return
This time last year, we were witnessing unprecedented competition among private equity investors for industrial and logistics investment opportunities with the final flourishes of the era of cheap money.
By June, the sudden jump in five-year swap rates saw investors pull from multiple transactions while others were concluded with the benefit of a ‘price chip’.
Since then, investment activity has slowed down as investors and vendors recalibrate pricing.
However, what is clear is that investors ...