Investor momentum shifts in European logistics

European logistics investment is showing signs of resilience despite volatility. Total volumes reached €38.2 billion in 2024—up 15% year-on-year—thanks to a strong Q4, but Q1 2025 saw a sharp 38% drop quarter-on-quarter.

Czech Republic, Hungary, and Ireland led growth in annual investment, while core markets like Italy, Spain, and Poland also posted gains. Meanwhile, vacancy rates ticked up, reversing last year’s declines and hinting at more balanced supply conditions.

Investor strategies are shifting. There’s rising preference for multi-let properties over big-box, single-tenant assets—driven by demand for tenant risk diversification and improving debt conditions.

With geopolitical instability still a major factor, Q2 could see a dip in take-up before a potential year-end rebound, mirroring post-Brexit market behaviour.

Read the full article to see what this means for your next move