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Articles - project

European markets have stabilized, says Prologis

European markets have stabilized as a result of the gradual dissipation of the effects of the COVID-19 pandemic, with strong investor demand in the sector leading to a compression of yields. With the stabilization of markets, the prospects for rent growth have also improved. Supply-side barriers have been maintained due to the low level of speculative construction in most continental European countries. As Prologis further informed, the growth of rents is also affected by the lack of land.

Additional industrial premises have been added to the IMMOPARK Žilina complex

HSF System SK has completed the construction of another building in the IMMOPARK Žilina industrial park with an area of 11,500 m2. The main tenant of the new building will be Démos trade. The investor and developer is Erste Group Immorent Slovakia.

Industry and logistics in Central and Eastern Europe attract investors

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 has completed GLP Park Bratislava Senec

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.

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