Baytree (AXA Investment Managers – Real Assets) investe ancora nella logistica in Germania

Baytree Logistics Properties (“Baytree”), the logistics and industrial development platform, has secured a second strategic development site in the state of Saxony-Anhalt, Germany, on behalf of clients of AXA Investment Managers – Real Assets (“AXA IM – Real Assets”), the leading(1) real estate portfolio and asset manager in Europe. The site, which is located in the town of Barleben, is the latest addition to Baytree’s German development portfolio and follows secured sites in Hannover, Leipzig and Magdeburg, as favourable supply/demand dynamics continue to support investment in the German logistics sector(2).

Located in Barleben’s “Ostfalen Technology Park”, bordering the A2 motorway and in close proximity to the A14, the site has a total area of 152,000 sqm and can accommodate up to 75,000 sqm of logistics and manufacturing space across multiple buildings. The buildings will be available on either a leasehold or owner-occupation basis, depending on the end user’s requirements and preferences. The site benefits from existing offsite infrastructure and is zoned for industrial use.  

In the past year, Baytree has commenced four build-to-suit developments, totalling c. 150,000 sqm in France and Germany, while numerous sites have been secured in locations which are strategically important for logistics operations in France, Germany and the UK, where clear occupier demand has been identified. Baytree remains one of a number of important providers of development opportunities for AXA IM – Real Assets’ pan-European logistics strategy, which focuses on the strongest logistics markets in Western Europe.

(1) Source: INREV/ANREV Fund Manager Survey – May 2019 – in terms of assets under management
(2) Source:JLL, Logistics and Industrial Market Overview, August 2019

Baytree Logistics Properties is a pan-European logistics and industrial development company focusing on the UK, German and French markets. Baytree was launched in 2015 by AXA Investment Managers – Real Assets, one of Europe’s largest real estate portfolio and asset managers. Baytree provides development management services to the institutional investor clients of AXA IM – Real Assets. This service includes site identification, master planning, design, project management, procurement, delivery and aftercare. Baytree is focused on delivering high quality logistics, commercial and industrial buildings that meet the changing property needs of our customers.  The Baytree team is highly experienced, previously having delivered over 5m sq m of logistics space for customers across Europe, China and the Middle East.

Source  : AXA Investment Managers – Real Assets