News, interviews and testimonials from the warehouse market
Automation has the power to revolutionize logistics operations. As capabilities expand alongside declining costs, faster returns on investment (ROIs) are fueling adoption. Three trends are aligning to drive higher levels of automation within our facilities.
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The gross lettable area of industrial locations operated by CTP has passed 6 million square meters. The growth has continued due to long term trends of increasing e-commerce and supply chain relocations, supported by the covid-19 crises
The report revealed that some of the key challenges in this sector include the availability of land and property in locations that meet both the developers and end-user expectations, along with the availability and reliability of utilities, connectivity to transport infrastructure, the availability and skills of the labour pool, and access to investment incentives.
Across Europe, markets have stabilized as the impact of COVID-19 on logistics real estate has begun to dissipate, with strong investor demand for the sector driving yield compression.
While its portfolio of A-class property under management grew to over 5.8 million sqm
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
Paweł Sapek, Prologis' senior vice president and regional head for Central Europe, is particularly optimistic about Hungary's role in the region's logistics market. A gradual transition to e-commerce will benefit the sector, but this is not the time for rest: tenant needs will change, while acquiring and retaining human resources is one of the most difficult tasks for customers. – He says. We also discussed about coronavirus, new services, and new opportunities opened up by diversification.
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