GLP has commenced development of a 51,000 sqm warehouse at GLP Park Prague Chrastany, 40,000 sqm of which has been leased to e-commerce business, Alza.

Avison Young experts estimate that Bucharest will continue to attract over 40% of industrial developments in the coming years, and then regional cities will recover.

Total commercial real estate investment into the Slovak market amounted to €502 million in 2020, a year-on-year decrease of 27%, according to Cushman  & Wakefield’s market reports for Q4 2020.

Polish industrial and logistics developer MLP Group continues its expansion strategy welcoming Austria to its portfolio. The developer has successfully acquired a plot to develop a new urban project MLP Business Park Vienna, located in the north-eastern part of Vienna in close proximity to the S2 expressway. The undeveloped land has a total area of 98,249 sqm and will offer almost 55,000 sqm of leasable space upon development completion. The transaction was liaised by the real estate advisor Otto Immobilien /Knight Frank.

The fourth quarter of 2020 closed a year full of changes and upcoming trends on the Czech industrial market. Despite the pandemic, the industrial segment proved stable, and there was a significant acceleration in the development of e-commerce, and specifically the digitalisation of the entire retail sector. There remains a high demand for premises on the market from investors and clients, and this interest puts pressure on prices, which will increase significantly at premium locations in 2021, according to 108 Agency.

E-commerce makes a major leap registering important figures globally, reaching 4.28 trillion dollars in 2020, an increase of 27.6% compared to 2019, and the demand for logistics services is on the rise. Here are the latest trends in the e-commerce and logistics sectors as predicted by futurologist Sean Culey – strategist, transformation advisor, and external consultant to P3 Logistics Parks. 

Romanian car manufacturer Automobile Dacia extended its lease for the 69,000 sqm occupied in Pitești Industrial Park, a project owned by Globalworth. 

Katowice-based real estate developer DL Invest Group, which has managed to build a significant portfolio of office, retail and logistics assets across Poland, sees further growth potential in all three major asset classes. Dominik Leszczyński, Founder and CEO of DL Invest Group shared his expansion strategy for the coming years with Property Forum.

In the new Panattoni Pilsen Digital Park on Pilsen’s Bory terraces, a fully automated plant for the production of 100% recyclable beverage cans will be built in the first phase. It will be used by American company Ball, a world leader in this industry. The investment will create almost 200 new jobs for a qualified workforce. The first building will occupy a third of the planned area. Ball is also setting up its own development centre in the same location.

GLP, an investor and developer of logistics buildings and warehouses announced plans to introduce its ESG-focused European specification, as outlined in its best-practice European Design Guide, to all new logistics facilities in Poland.