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Quehenberger Logistics extends the lease in GLP Park Bratislava Senec

One of the largest tenants of the logistics and industrial complex of the developer GLP in Senec, the company Quehenberger Logistics, has extended the lease for another two years. The growing demand for commercial premises in the vicinity of Bratislava will also be satisfied by the newly emerging Business Zone GLP Bratislava.

AIA and GLP Form Strategic Investment Partnership

AIA Group Limited (“AIA”; or the “Company”; stock code: 1299) today announces that it has formed a strategic partnership with GLP to invest in the global logistics real estate industry and related opportunities. The positive long-term trends that are driving the growth of the global logistics real estate sector provide AIA with immense opportunities to diversify its investment portfolio and enhance returns for its customers and shareholders. The partnership will enable AIA to leverage GLP’s investment experience and expertise in this area.

The significant growth of e-commerce will fundamentally affect the new construction of logistics halls and warehouses

The current analysis of CBRE, the world leader in commercial real estate services, maps the growing importance of e-commerce around the world and its impact on the logistics real estate market. Back in 2015, the global retail market had a total turnover of $ 12.6 trillion, with online sales accounting for 8%. In the following years, Internet sales grew significantly, accounting for 18% of the total $ 13.5 trillion by 2020. This represents a 140% increase in just five years.

GLP announces leases with Ecologistics and Berlin Brands Group

Czech and Slovak GLP parks are 100% leased. Thanks to the high demand for the premises, new GLP logistics parks will also be built in Ostrava and Brno. GLP has successfully leased 20,000 m2 of logistics space in two parks in the Czech Republic and Slovakia.

Investors focus on industrial and logistics assets

According to Colliers, a leading company providing diversified professional services in commercial real estate and investment management recorded gross demand for industrial and logistics space in 2020 approx. 9 million square meters and year-on-year growth of almost 25% on average. The largest activity was recorded by companies from the 3PL sector, followed by the retail and e-commerce sectors.

Developers are most active in the Ostrava region

108 The Agency published the first edition of the original project. A report that provides a clear summary of the most interesting data and information from the industrial real estate market in terms of the share of individual development companies and owners. The updated report will be published regularly twice a year.

GLP recorded a record number of leases in 2020

GLP announced a record volume of leased space and development activities for the logistics sector in 2020. Globally, the company has already signed more than 22.7 million square meters of new and renewed leases. This means a year-on-year increase of 57 percent. The company also launched $ 5.3 billion in new development projects in 2020 with a total area of 5.6 million square meters, a year-on-year increase of 75 percent.

In 2021, industrial property rental prices will rise by up to 10% in some localities

The fourth quarter of 2020 closed the year full of changes and upcoming trends in the field of industrial real estate. Despite the impact of the pandemics, the industrial segment proved to be stable and the development of e-commerce and the digitization of the entire retail sector accelerated significantly. There is still a high demand for space on the market from investors and clients, and this interest is putting pressure on prices, which will increase significantly in premium locations in 2021.

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