Logistics developer and investor VGP announced a record net profit of €370.9 million for 2020 which is an 80.4% y-o-y increase. The company announced its financial results for 2020.

Last year, the industrial real estate sector in Poland claimed a record-breaking share (almost 50 percent) in the total volume of transactions. Two of the most popular locations among the sector’s developers and tenants are still Silesia and its sub-region of Zagłębie. This is where a modern warehouse and office facility has been developed by 7R for No Limit, the brand which specializes in servicing the e-commerce sector.

A quarter of all modern warehouse and industrial space in Poland was transacted in 2020, says real estate advisory firm Savills in its latest report. Despite the pandemic, take-up hit record levels last year, reaching more than 5 million sqm, while Poland’s total logistics stock surpassed the 20 million sqm mark.

The industrial segment has stood out as the most resilient sector to the crisis and the markets Serbia, Croatia, Slovenia and Bulgaria present a huge opportunity for further growth. Boško Tomašević MRICS, Managing Director SEE at CBRE talked to Property Forum about investment market expectations and shared the company’s expansion plans for the Balkans region.

Accolade published its results for 2020. Last year saw the expansion of the portfolio area by 30%, almost 400 new qualified investors and a year-on-year return of 10,02%. The biggest industrial real estate fund in the Czech Republic now owns a total of 16 industrial parks in the Czech Republic, Poland, and Germany with an area of 936,304 sqm.1,200 investors benefit from the rental income which was increased by 35%, in 2020.

Trammell Crow Company (TCC), one of the largest real estate development companies in the U.S., announced the launch of logistics development capabilities in Europe.

Panattoni has launched its latest city logistics project in Warsaw. The 18,000 sqm City Logistics Warsaw VI park will be in the city’s industrial neighbourhood. The centre is situated to serve Warsaw’s districts of Praga and Śródmieście – the central part of the city.

InPost, which owns a network of parcel lockers Paczkomaty®, will launch a new 6,000 sqm logistics centre in Prologis Park Chorzów. One of Poland’s largest logistics operators was advised on the transaction by real estate advisory firm Savills.

Over the last decade, industrial supply has more than tripled from 6.3 million sqm at the end of 2010 to almost 21 million sqm in 2020. However, this rapidly developing real estate sector is now showing signs of maturity. This is illustrated by new formats appearing especially in the largest agglomerations. An example of this is the urban warehouse segment analysed together by JLL and SEGRO in the first report of its kind, "Logistics Avenue: city logistics market in Poland".

Czech industrial developer Demaco obtained a planning permit for the construction of an industrial hall of 18,245 sqm of a built-up area in the DMC Kvasiny industrial park. This is the largest permitted hall ready for construction near the Škoda Auto plant in Kvasiny, where the successful Superb, Kodiaq and Karoq models are produced.