February 2019 | In Article | by PERE
Development is the best strategy to build a portfolio suited to the needs of tomorrow’s warehouse occupiers, argue LCP’s James Markby and Kristof Verstraeten.
Increased automation and the need for economies of scale are propelling demand for bigger, higher distribution centers, of which few currently exist. Meanwhile, outbidding rivals in a fiercely competitive market for existing assets can be an expensive approach. In that context, James Markby and Kristof Verstraeten, joint managing directors at developer and asset manager Logistics Capital Partners, make the case for development, and analyze southern Europe’s burgeoning institutional warehouse investment market.
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