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Warehouse Market News

Logistics Real Estate – Sizing the Retail Conversion Opportunity

Crisis precipitates change. COVID-19 has brought more than five years of evolution in the retail landscape into less than five months of time. Increased demand for high quality and infill logistics real estate is on the rise, stemming from the accelerated adoption of e-commerce and just-in-case inventory. In contrast, challenges have become more pronounced for retail real estate. Collectively, these changes have prompted retail owners to explore the opportunity to convert retail space for distribution uses. Prologis Research sized this trend to measure the potential implications for our industry.

The CTP Group has issued green bonds. The logistics real estate market is on solid ground, said its CFO

The CTP Group, one of the five largest logistics developers in Europe and now the largest owner and developer of industrial parks in Central and Eastern Europe, has issued its debut green bonds worth 650 million EUR. The initial issue of CTP green bonds became the largest debut of the development company in the region. The bonds were very well received by investors. Demand after several times the supply exceeds and peaks at more than two billion EUR.

The ARETE Group approved production halls in Uherské Hradiště and Košice, with investments reaching almost 20 million EUR

The Arete investment and real estate group, which includes real estate investment funds, has expanded its second fund's portfolio to more than 125,000 m2 of industrial production and storage space. In the zone located in the immediate vicinity of Košice, Slovakia, it has completed the construction of specialized production halls for the leading European manufacturer of steel chimneys, Steelcon. The property with an area of 12,000 m2 represents an investment of 13 million EUR. On its site in Uherské Hradiště, the Arete Group substantially expanded the existing production hall of Forschner with an investment of almost 7 million EUR. Both properties were successfully approved during the summer.

Kaiser + Kraft found a combination of great location and sustainability in Prologis Park Brno

Easily accessible locations close to end-users' customers meeting the highest standards of sustainability are in high demand. An example is Prologis Park Brno, where Kaiser + Kraft has decided to locate its new Central European headquarters.

Logistics is the winner of the COVID-19 crisis in CEE

Eight regionally renowned experts discussed real estate investment strategies for the post-COVID-19 world at the online edition of CEE Property Forum 2020, organized by Property Forum and RICS. We summarised the highlights of the discussion, moderated by Luke Dawson, Managing Director & Head of Capital Markets CEE at Colliers International.

In Panattoni Park Stříbro, a Raben warehouse was built at a record pace

In less than four months, the builder of the Panattoni industrial zones and the investor Accolade built a new hall in Panattoni Park Stříbro for the Raben Group. Back in the spring, it seemed that meeting the schedule was equivalent to a small miracle. The developer started construction work at the most difficult time, when the Czechia was holding the most extensive set of quarantine measures, and he also had to deal with delays due to archaeological research. However, thanks to the good coordination of the construction and the extreme commitment of the supplier, the 10,000 m2 building was finally handed over for use according to the original plan.

How is the commercial real estate market changing?

Half a year has passed since the coronavirus pandemic broke out in the Czech Republic. Covid-19 significantly affected the company's operations and affected virtually the entire economy - including the commercial real estate market. CBRE, the world leader in commercial real estate services, assesses the current situation in the commercial real estate market, trends, and prospects for the near future from the perspective of its experts.

GLP presents its first logistics project in the Czech Republic

GLP presented the construction of a new industrial park in Ostrava with an area of 94,000 m². The construction of the complex will include a total of four units - two with an area of 29 thousand m² and two with an area of 18 thousand m².
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