In early February 2018, Damian Kołata joined the Industrial and Logistics Agency of global real estate services firm Cushman & Wakefield as an Associate.
At the end of 2018, Poland’s industrial and warehouse stock reached 15.79 million sq m. Around 2.22 million sq m of modern warehouse and industrial space was delivered to the market last year, down by just 6% on 2017’s level.
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.
In H1 2018, warehouse supply totalled 734,000 sq m delivered across 29 projects, bringing Poland’s total industrial stock to more than 14,300,000 sq m, which represented a 21% rise year-on-year.
The overall European logistics yield dropped 14bps to 5.95% in Q2 2018, the first time it has fallen below 6% since Cushman & Wakefield began consistently tracking the three main property sectors in 1992, according to the firm’s DNA of Real Estate report.
Just as Internet of Things connected equipment located in different plants via Internet, Consumer Internet of Things (CIoT) is similarly connecting consumers.
Euro-Net Sp. z o.o., represented by global real estate services firm Cushman & Wakefield, has signed a pre-let for 1,860 sq m of office and warehouse space at Prologis Park Poznań III, Prologis’ first Small Business Unit (SBU) project underway in Poznań.