Occupier demand for European distribution warehousing remained buoyant during the first six months of 2008 athough investment activity was down 38% year-on-year at EUR 4.5 bn, according to Jones Lang LaSalle's latest European Logistics Report. Occupier demand in the European logistics sector in the first half saw an increase of 10% on last year's volumes and was just 6% short of the record H2 2007 volume.
As Ares completed a €325 mln French logistics acquisition from Blackstone, another French portfolio came onto the market.
