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Articles

The volume of investments in Central and Eastern Europe at the end of 2021 will probably reach a similar level as in 2020

The economies of Central and Eastern Europe are expected to accelerate during 2021 and 2022, at an average rate of around 4.3% per year.

Amazon presents a European innovation laboratory

Amazon will develop new technologies that increase safety and employee satisfaction. After the successful implementation of robotic units at dozens of workplaces, the company presents the development of new ergonomic technologies that further support front-line employees and help ensure their safety. These innovations include automatic sorting stations, crate lifters and remote-controlled vehicles. Some of the advanced technologies are already part of European workplaces, others are still being tested.

New logistics concept in Prologis Park Bratislava

As part of expanding its portfolio of services, Prologis is launching a completely new concept that responds to strong demand from fast-growing companies and start-ups. The concept of "Small Flexi Units" was launched for the first time in Prologis Park Bratislava, where Prologis divided 4,800 square meters into four separate units with an area from 600 to 1,500 square meters. The main goal of "Small Flexi Units" is to help dynamic companies grow, but the space is also suitable as a more flexible option for larger companies. Three of the four units in Building 2 have already been occupied by a global freight forwarding company, a collection and sorting machine manufacturer, and a logistics company.

Volkswagen Slovakia obnoví výrobu SUV modelů

Bratislavská automobilka Volkswagen Slovakia obnoví od pondělí 17. května výrobu SUV modelů ve všech změnách na základě výrobního plánu.

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.

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