"Industrial parks and centers can significantly help the start-up and growth of the economy. There will also be another significant trend in the development - a more cautious approach to speculative construction. The current crisis is a litmus test for the right construction strategy. Being too optimistic and having a lot of speculative space has not paid off for many," says Peter Jánoši, CEO of P3 Logistic Parks, about the current situation, which was significantly affected by the coronavirus crisis.
The total rental activity on the market of industrial and logistics premises in Slovakia reached the level of 75,000 m² in the 3rd quarter of this year. Of this number, renegotiations accounted for only 9,650 m2. The volume of total rental activity thus decreased compared to the same period last year.
The IPEC development group started the construction of a research and development center and production halls in the Senec industrial park for a German investor. In the first phase, a research and development center will be created here by partial reconstruction and attached new construction of existing buildings, in which highly qualified engineers will find work. Subsequently, new production halls with a total area of up to 20,000 m² will be added. They will arise next to existing production facilities. The developer and owner of the project is IPEC, the builder is Strabag. A total of 70 engineers will find work here in the first phase. The German manufacturer will lease the capacity from IPEC for 15 years. The building will be handed over to the user in August 2021.
SkyTower, the tallest building in Romania, announces the implementation of Spaceflow community management mobile application, a digital communication and interaction platform dedicated exclusively to its tenants. The mobile app offers a fast-digital connection to a variety of services and facilities and a direct connection to the community life in the tower.
Lidl SR is expanding its logistics center in Sered and will employ 40 new regular employees. This warehouse will grow by a quarter of its original area. The total amount of the investment is approximately 13 million euros, the construction work is to last nine months. Tomáš Bezák, head of the company's communication department, informed about it. In Slovakia, Lidl has 144 stores and three logistics centers, while Sered supplies 55 goods in western and southern Slovakia.
One of the most dynamically growing Slovak start-ups in the field of e-commerce, the company isklad, which thanks to its own developed software brings a comprehensive logistics solution and operation to any e-shop, has leased new warehouse space in the logistics park of developer Karimpol in Senec. As the company's growth has long been limited by the capacity of the current warehouse in Bratislava *, relocation and expansion to new premises was a necessary step given the potential and waiting list of more than a hundred new e-shops from Europe and Asia.
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.
Geis SK is one of the largest logistics companies in Slovakia and is the market leader in the field of domestic pallet transport. Like the entire Geis group, Geis SK is still advancing and growing. "Thanks to the dynamic growth, we needed to find larger and more suitable premises for our branch in the Bratislava region. Our request was a modern cross-dock terminal in combination with a warehouse near Bratislava and at the same time in a location right next to the D1 motorway," says Daniel Knaisl, managing director of the Geis group for CZ, SK and PL.
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