The pace of yield compression decelerated across Europe’s commercial real estate markets in the first quarter of 2019, according to Cushman & Wakefield’s latest DNA of Real Estate report.
Are cutting-edge warehouse technologies a trump card for developers in their competition for tenants? What high-tech innovations have recently made their way into this sector and what do they do?
China secures top spot in index of global manufacturing location - Manufacturing Risk Index 2019 [REPORT]
Cushman & Wakefield’s Manufacturing Risk Index report shows formerly low-cost locations such as China and India are moving up the value production chain through country-sponsored support of technological adoption.
In the heart of the Lower Silesia region, construction works have started on S5 Wrocław North Gate, with 62,000 sqm planned. The first tenant, claiming in excess of 32,500 sqm, is GEFCO Poland – a supplier of integrated logistics services. The project will comply with the criteria of BREEAM In-Use certification.
Panattoni Europe is to build another logistics facility for Amazon as the sixth collaboration between the two companies. The e-commerce logistics centre totalling in excess of 44,800 sqm will be delivered in Pawlikowice near Łódź, providing permanent jobs to more than 1000 people. The investment is planned for completion by the end of 2019.
SMA Magnetics has leased nearly 14,000 sq m of manufacturing and office space at Goodman Kraków Airport Logistics Centre. The tenant was represented in the transaction by Konrad Jacewicz and Michał Sikora from global real estate services firm Cushman & Wakefield.
In early February 2018, Damian Kołata joined the Industrial and Logistics Agency of global real estate services firm Cushman & Wakefield as an Associate.
Europe’s commercial real estate markets maintained their positive trend across most markets and property types during the fourth quarter of 2018, according to Cushman & Wakefield’s latest DNA of Real Estate report.
The report – ‘The Changing Face of Distribution: The Shape of Things to Come’ – states that Europe’s primary distribution corridor, from the Benelux countries to northern Italy and dubbed the logistics ‘Blue Banana’ due to its distinctive shape, has transformed into multiple corridors in response to EU expansion and new motorway additions.
At the end of Q3 2018, Poland’s industrial and logistics stock surpassed the 15 million sq m mark following the completion of 1.42 million sq m since the beginning of the year.
European offices have recorded eight quarters of continuous rental growth by achieving a 0.7% increase in Q3 2018, according to Cushman & Wakefield’s latest DNA of Real Estate report.
The European Union has and continues to set general standards and guidelines for sustainable business practice, which cover freight transport, and energy and operating efficiencies.
As Europe's population increasingly succumbs to the convenience of online shopping, the ongoing structural shift from retail to warehouse space is gaining momentum.