"We are looking for more efficient solutions every year. We are currently investing in green energy, for example. In addition, every new building we are currently building in Slovakia is, according to BREEAM Excellent, which is above the market standard,” says Ivan Pastier, senior business development manager of CTP for Slovakia.
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, 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 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.
2020 was a challenging year for investors and asset managers but also a chance to lay a new foundation for tenant relationships. Vladimír Bolek, Portfolio Management, Member of the Board at IAD Investments talked about the effects of the pandemic and shared his investment strategy for 2021.
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.
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.
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