European logistics sector continues to grow

The European Logistics sector is continuing to grow, with an increase of investor activity in the recent months, according to new research published by Jones Lang LaSalle.

According to the organisation’s first-quarter report for 2013, investment volumes were up 100% from the same period in 2012 to €3 billion (£2.52 billion), while they were also up by five per cent on the preceding three-month period.

Tom Waite, associate director of European capital markets at Jones Lang LaSalle, said: “The encouraging first quarter activity confirms our positive growth expectations for 2013. Investors continue to seek greater exposure to the sector, attracted by healthy income returns.”