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Axa IM extended its Nordic logistics footprint with c. EUR 125 million acquisition earlier this year, but in total the transaction volume for logistics in the Nordics has plummeted compared to 2022.

Axa IM extended its Nordic logistics footprint with c. EUR 125 million acquisition earlier this year, but in total the transaction volume for logistics in the Nordics has plummeted compared to 2022.

Image: Teodor Tomter.

Dramatic drop for logistics transactions in the Nordics

Nordic — Plus article Logistics has been the third largest segment in Europe and the Nordics for the past three years, but transaction volume for logistics in the Nordics has plummeted so far in 2023, down 75 percent compared to 2022 according to the latest figures from Colliers. Here Nordic Property News dives in to the Nordic logistics market with the help of Colliers' latest figures and outlooks for the growing segment.