The industrial and logistics real estate market have more than tripled. According to a press release from JLL. "In the first quarter of this year, the Slovak real estate market exceeded the limit of three mil. m2 of existing industrial and logistics space, which means that it has more than tripled in the last decade,” the company said, adding that for the logistics and industrial real estate segment it was 2020, despite a year-on-year decline of 40 percent in the first three quarters, stronger in terms of volume than 2019. "Even the pandemic did not weaken this sector and managed to maintain its long-term dominant position on the Slovak real estate market," the company adds.
The global pandemic has forever changed the logistics real estate market: supply chain decision-making is more holistic, data-driven and faster than before. This change was triggered by factors such as urbanization, digitization and demography, which have also changed the way we live, work and shop. Demographic, economic and technological megatrends will continue to shape the future of planning in the retail and supply chain. Long-term structural growth in demand for logistics real estate will also increase, at least over the next decade. In the next research report, Prologis Research will continue to examine supply chain and inventory developments in the context of future structural changes.
The year 2021 began in Slovakia in the first quarter with the signing of lease agreements for 88.5 thousand. square meters (m2). New lease contracts amounted to 50 thousand. m2 and the remaining 38.5-thous. m2 were renewals of existing leases.
Continental Automotive Systems Slovakia in Zvolen focuses on the production of high-performance brake calipers and electronic parking brakes for global automotive manufacturers. In the interest of further dynamic growth, the company turned to Jungheinrich with a request to design and implement a warehouse space with the highest possible density of stored units.
The Raja Group, a leading European manufacturer of packaging materials and office supplies, has overcome the ongoing health crisis thanks to the rapid adaptation to market conditions and the hard work of the team across Europe. In Slovakia and the Czech Republic, it increased the number of customers by almost 40%. In addition to financial growth, last year the company also devoted itself to its1 foundation activities and the support of charitable organizations.
Dr.Max is one of the largest Slovak pharmaceutical and healthcare companies. As part of its business, it focuses on the area of health, and therefore it is natural for this company to look for logistics premises that are a suitable workplace providing wellbeing for employees. Dr.Max has signed a long-term lease for 9,000 square meters of space in Prologis Park Bratislava. The premises were adapted to the company's requirements, which will benefit its employees.
The last year has tested readiness, resilience and flexibility in every area of business. In the field of development also the e-commerce segment. E-commerce has reached a turning point and has become one of the main ways of buying. This was also reflected in the demand for warehouses or warehouse space. What is the current situation in the world of warehouse construction?
Mountpark, a leading international developer of logistics and industrial properties, has announced the completion of the construction of a new hall in the Mountpark Sereď distribution node. Thus, another 25,763 m2 of storage space is coming to the market, with which the company is responding to the growing demand for high-quality distribution premises in western Slovakia.
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