The market for industrial and logistics real estate is starting to gain momentum again after two cautious years, according to German estate agents and consultancy group Realogis.

For the German market for industrial and logistics properties as a whole, Realogis expects full-year sales volume to top EUR 1 bn.

The company itself expects to book a transaction volume of more than EUR 180 mln in the first six months of this year, up 300% on a year ago.

‘Property developers and owners of industrial and logistics real estate are looking to sell their assets, now that the prices are back at an appropriate level for both buyers and sellers,’ said Managing Director Umut Ertan in a statement.