Interview with Umut Ertan, Managing Director for Realogis Holding and Realogis Investment, Munich
Retail is betting on central warehouses and rightly so, since this creates significant savings and synergies, especially when it comes to personnel expenses. However, more and more properties are being leased and not self-built anymore, Umut Ertan, Managing Director for Realogis points out in this interview. Since 2005 his group of companies consults businesses in their search for industrial – and logistics real estate, in fullfillment as well as in investments. According to him, many existing buildings desperately need to be modernized.