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Warehouse market news

News, analysis and lease transactions from the Hungarian warehouse market

Prologis Research: Demand Growth Across Customer Industries

Prologis, Inc. (NYSE: PLD), the leading global owner, operator and developer of industrial real estate, today published a global research paper titled, “The Growth of Logistics Real Estate: An Analysis of Demand by Leading Customer Industries.”

International day of action promotes logistics and supply chain management

Supply Chain Day takes/took place on April 10/today. For the first time it can be described as a truly international day of action, with events in a total of 18 countries. Alongside Germany, Austria and Hungary, the countries with the widest range of events are/were France and Luxembourg. But 2014 also saw the participation of companies in Turkey, China, the Czech Republic, Finland, Greece, Lithuania, Mongolia, Russia, Portugal, Spain, Switzerland, the United Arab Emirates and Vietnam.

Limited move to speculative industrial development

International companies are increasingly looking to acquire industrial and logistics premises in Central Europe with the resulting rise in demand in the industrial sector. Despite these positive indicators, major regional industrial developers who have sites across CEE are following cautious development strategies, driven by built-to-suit projects with very limited speculative construction. This could result in a shortage of available industrial premises in the view of many analysts.

CBRE promotes Joerg Kreindl to Head of Industrial and Logistics CEE

Joerg has coordinated the CEE Occupier Services business lines out of the Warsaw office for the last three years and has worked on transferring CBRE teams to an integrated platform. He will now focus solely on the expansion and relocation of large-scale industrial occupiers in the CEE.

Fundamental changes in consumer demand and investor interest drive warehouse market to new heights

According to CBRE the pace at which the industrial & logistics (I&L) market is evolving is by far the most significant across all traditional real estate asset classes. The surge in activity is driven by both changing occupational as well as investment market related factors. Across Europe, investment in the industrial segment was up by 50% during 2013 - and with that the sector with the highest growth rate year-on-year.