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Warehouse Market News

Amazon Logistics Center celebrates 3 years of its operation in Slovakia

The Amazon logistics center was opened in 2017. It currently has more than 2,000 permanent employees. Another 1,000 employees of the company work in the Bratislava office. "At Amazon, we value the diversity of experience, opinion, interest, and expertise. We thus offer candidates opportunities to show natural curiosity, self-initiative, and many opportunities for growth throughout society. We are glad that so many of them have already succeeded," says Radek Stegbauer, general manager of the Amazon logistics center in Sered.

Bonami increased sales by 12.6 million euros in 2020

Bonami published its business results for last year, which, despite complications in the form of the global pandemic COVID-19, was marked by growing sales and profits. In Slovakia, the company increased sales by 12.6 million euros, which represents a 49.6% increase. It is interesting that the largest increase in sales was recorded in the garden category.

Rent Rolls – How to get the most out of your data

Whether you are a property owner or a property manager, steady rental income equates to a well-streamlined cash flow. The rent roll data builds the foundation for day-to-day operations in asset and investment management. They also built the foundation for the valuation of the asset. Therefore, accurate and consistent data is crucial to make the right decisions.

CTP is enjoying 15.3% growth in its portfolio with massive occupancy

CTP, the largest logistics real estate developer in Central and Eastern Europe, reported more than 15% growth, recording an annual rental income of € 344 million in 2020. With a portfolio of 6.3 million m2 and 740,000 m2 under construction at the end of 2020, CTP strengthened its position as the largest owner and developer of logistics properties based on the gross leasable area in Slovakia, the Czech Republic, Romania, and Serbia. It also announced new development projects in Austria, Poland, and Bulgaria.

GLP recorded a record number of leases and the development of logistics properties

GLP announced a record volume of leased space and development activities for the logistics sector in 2020. Globally, the company has already signed more than 22.7 million square meters of new and renewed leases, a year-on-year increase of 57 percent. The company also launched $ 5.3 billion in new development projects in 2020 with a total area of 5.6 million square meters, a year-over-year increase of 75 percent.

P3 Logistic Parks expands its portfolio by about 48 percent

P3 Logistic Parks, as a long-term investor-developer, contributed to the overall resilience of the logistics industry during 2020. In a year in which people, companies and society experienced unprecedented challenges, the logistics industry remained in a strong position and maintained the necessary infrastructure.

The logistics real estate segment has proven its resilience, says Prologis

Thanks to a combination of a pro-customer approach, a quality portfolio and a sound balance sheet, Prologis has been able to support employees, customers and partners throughout the past year. The logistics real estate segment has proven its resilience and the company will continue to focus on providing tailor-made warehousing solutions, workplace wellbeing initiatives and innovative services. "They can help our customers' businesses," said Paweł Sapek, senior vice president and general manager, Prologis, Central Europe.

The plans of tenants of logistics properties are changed by the corona crisis and Brexit

The latest survey by the global real estate consulting company CBRE showed that the coronary crisis remains an important factor in the decision-making of tenants of logistics real estate, and the demand for such premises in Europe will continue to increase during 2021. What locations do companies want to expand to, what are their plans or preferences regarding the selection of other locations?
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