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Lidl has expanded its logistics center in Sered by 12,000 square meters

New jobs and even higher comfort for Lidl customers are the two main results of the expansion of the Sereď Logistics Center. The area of one of the most environmentally friendly industrial buildings in the world has increased by 12,000 square meters, a quarter of its original area. The total investment amounted to 13 million euros, with construction work lasting nine months. In connection with the expansion of the warehouse, Lidl hired 40 new core employees. Over the last twelve months, Lidl has created more than 300 new jobs for an indefinite period and has recruited hundreds more during the first and second waves of the coronavirus pandemic.

For the first time, the industrial real estate market exceeded the limit of three mil m2

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 future of demand for logistics real estate

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 transaction of the quarter was the extension of the lease in Redside Park in Trenčín

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.

Logistics and warehousing Jungheinrich has built automatic warehouses for Continental Automotive Systems Slovakia

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.

Prologis achievements for the first quarter of 2021

Prologis achieved several successes in the first quarter of 2021. The total portfolio reached 18.7 million square meters. Lease activity for the first quarter of 2021 was at the level of 935,719 square meters, of which 187,954 square meters were new leases and 747,765 square meters related to extended leases. The change in the lease of premises reached plus 10.8%.

FM Logistic started cooperating with Heineken in March this year

Heineken Slovakia is located in the town of Hurbanovo in the Danubian Lowland. Hurbanovo is the warmest place in former Czechoslovakia with a harvest of high-quality barley and at the same time sources of very high-quality water. The Hurbanovský brewery was even the first beer producer in the former Eastern countries to bottling beer.

Raja achieved a record turnaround during the 2020 pandemic crisis

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.

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