ARTICLES LABELLED WITH TAG logistics

Over the years, warehouse locations outside Poland’s five largest regions have attracted limited interest from institutional investors. However, along with the development of the country's road network and increasing difficulties in recruiting employees in major Polish metropolitan areas, new locations are becoming increasingly attractive for tenants and landlords. In fact, according to a report by JLL, Hillwood Poland and ManpowerGroup, these factors may well translate into higher investment volumes in emerging markets in the next few years.

A second building with 27,000 sqm, of which 9,500 sqm will be taken up by DSV Road, will be erected at the existing Panattoni Park Poznań IV. Following the extension, the park will total 62,000 sqm, and in the future will reach its target size of 87,000 sqm. 

Poland-based proptech company Velis Real Estate Tech announced that its facility management software Singu FM has been implemented across Prologis’ EU portfolio and six U.S. markets. Prologis is a global leader in logistics real estate with a focus on investing in technology that helps customers solve their pain points and run their businesses as efficiently as possible. 

Invest4SEE has sold the second phase of the Invest4SEE Industrial Park Dubnica to REICO’s ČS nemovitostní fond for around €9.5 million. CBRE represented Invest4SEE in the negotiations.

The development of e-commerce has a growing impact on the development of the industrial real estate sector. The origins can be found in the change of our shopping habits – the popularization of e-commerce has revolutionized logistics operations in warehouses, according to Adrian Semaan, Consultant at the Industrial and Logistics Agency at Cushman & Wakefield Poland.

VGP NV and Allianz Real Estate, acting on behalf of several Allianz Group companies, announced a successful sixth closing with its 50:50 joint venture, VGP European Logistics. The transaction comprises 13 logistic buildings, including 7 buildings in 3 new VGP parks and another 6 newly completed logistic buildings which were developed in parks previously transferred to the Joint Venture.

Cushman & Wakefield has been appointed by Logicor to manage a portfolio totalling more than 1.7 million square metres of logistics real estate across dozens of sites in Central & Eastern Europe (CEE).

According to a new report by Panattoni and CBRE, the attitude towards the future in the logistics, production and trade industries changed slightly compared to last year. The Optimism Level Index in Logistics and Supply Chain in Poland for 2019-2020 was determined at an average level of 49 points, which is lower than the result obtained last year (57.4). Logistics companies are again more positive about the future (53.9 points) than production and trade enterprises using logistics services (44 points). Despite this change in mood, as many as 7 out of 10 institutions assess the costs of supply chain operations in Poland as lower than the EU average, and 6 out of 10 believe that Poland is competitive as a place of investment - both statistics have increased since last year.

Panattoni Europe has built a facility for Amazon in Gliwice of record-breaking size and functionality. The project, featuring in excess of 210,000 sqm and four storeys, is the company’s largest building in the country and has been fitted out with advanced Amazon Robotics technology.

Chris Zeuner has been appointed a Non-Executive Director at 7R - one of Poland’s most active and fastest-growing logistics and warehouse developers. His expertise and strong pan-European experience will support 7R’s ambitious development targets and the company’s growth strategy for the upcoming years.