The latest ExCEEding Borders: Industrial and Logistics Market report in CEE-17 discusses key trends, challenges, technologies, the labor market, and investment incentives in the sector. It identified key challenges, including the availability of land and real estate in locations that meet the expectations of both developers and end-users. Availability and reliability of public services, connection to transport infrastructure, availability and skills of the workforce, and access to investment incentives.
GLP, an investor and developer of logistics facilities and distribution parks, has leased 19,000 m2 of warehouse space in its Slovak park GLP Park Bratislava Senec to Alza and a unit with an area of 11,000 m2 to Hortim. Alza is the largest online retailer and innovator in the field of e-commerce in the Czech Republic and Slovakia. In 2014, Alza launched a plan to expand to Europe and is currently active in many European countries. The company will use its warehouse as a place to pick up orders from the car, as well as a distribution hub for customers in Slovakia, but also parts of Moravia and Hungary.
As elsewhere in Europe, online sales in Slovakia increased significantly in the spring. The largest increase, according to Google data, compared to last year by more than 40%, was recorded in the household equipment, garden, and leisure industries, but another range also showed a large increase. "The coronavirus pandemic has shown that the logistics chain and its products are likely to change and adapt to new market conditions. The pandemic has become an accelerator of changes that would probably occur in the near future,“ thinks Marian Vaculčiak, Operations Director of Geis SK.
Eight regionally renowned experts discussed real estate investment strategies for the post-COVID-19 world at the online edition of CEE Property Forum 2020, organized by Property Forum and RICS. We summarised the highlights of the discussion, moderated by Luke Dawson, Managing Director & Head of Capital Markets CEE at Colliers International.
Over the past ten months, Terno real estate has managed to expand significantly. Due to this, there was a need to increase storage capacity, which resulted in the launch of a new logistics center in Ivanka pri Dunaji. Increasing the warehouse space will increase the storage capacity by 50%.
Prologis has launched the European Essentials Marketplace, a fast and easy procurement tool. It saves customers time when starting, expanding, or modernizing their operation. This online platform, based on the values that put customer service first, offers a range of key products for the warehouse's interior equipment, and also ensures a complete installation.
Dachser's Rheine logistics center creates even more space for warehousing and value-added services. Construction is underway near a new distribution center, which will be commissioned in October 2020. The center of the facility on Sandkampstrasse is a 20,800 m2 logistics terminal with 26 loading gates for trucks and up to 36,800 pallet spaces. In addition, there are approximately 1,200 m2 of office space.
This is the intention of the Banská Bystrica company Complete Services. According to the plan submitted by the company for its environmental impact assessment (EIA), the total implementation costs amount to approximately EUR 29.5 million excluding VAT. The subject of the operation of the logistics center is to be the storage and assembly of small mechanisms used mainly in the automotive industry. The investor plans to start construction lasting 15 months in November next year and start operating the premises in February 2023.
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