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Articles

At Geis, they are ready thanks to their spring experience with the pandemic

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.

Logistics is the winner of the COVID-19 crisis in CEE

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.

New Terna distribution warehouse means a 50% increase in capacity

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 Essentials Marketplace program for quick start-up of warehouse operations

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.

The Dachser Rheine logistics center is expanding its capacity

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.

New logistics center for freight transport in the village of Budča in the district of Zvolen

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.

Alza has opened a new logistics center in Senec

Alza wants to deliver even more orders on the same day this Christmas. This is to enable the company to expand its storage capacity by 39% and further strengthen AlzaExpres transport. Storage areas in Slovakia have doubled not only thanks to the new logistics center in Senec but also due to the increase in the capacity of the upcoming premises. This will enable faster delivery of shipments in Slovakia, Hungary, and Moravia.

Tenant experience brought up to next level

Vincent Vallois MRICS, Co-Founder of Online Real Assets – CEE Partner of Spaceflow tenant experience application – sees the market from a new perspective. Online Real Assets has just launched Spaceflow in Hungary and they see great potential and momentum for a space-as-service transition of the commercial real estate market.

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