According to the latest report by Cushman & Wakefield, the trend of slow rental growth and yield changes in the European commercial real estate markets continued in Q3 2020.
According to global real estate services firm Cushman & Wakefield, in H1 2020, lease agreements amounting to 55% of last year’s volume were signed in Poland, the Czech Republic, Romania, Slovakia and Hungary, totalling 3.7 million sq m. This is 10% more than in H1 2019.
An e-commerce dedicated warehouse is different from a traditional warehouse which most of us associate with pallet handling, racks and large forklifts. E-commerce warehouses tend to feature sizable handling zones where goods like for example clothes, are checked, packed and labelled following the addition of leaflets, samples and invoices to parcels.
The Polish industrial market continues its strong momentum. Both take-up and supply reached high levels in H1 2020, say experts of global real estate services firm Cushman & Wakefield, summarising the first half of 2020 on the industrial market in Poland.
How will the coronavirus pandemic affect the e-commerce industry? Damian Kołata talks about the market situation, warehouses of the future and logistics trends.
"A black swan, a white flag or a green island? How to adapt a warehouse to the new reality?” the first online meeting dedicated for companies operating on the Polish real estate market. During the online event, which will be conducted by Damian Kołata, we will answer the question how the warehouse market will look like after the COVID-19 pandemic.
Will the coronavirus pandemic accelerate the development of e-commerce? Based on events in China, we can guess how the warehouse market will change. Find out what development chances the current crisis may give for the companies.
2019 was another very successful year for the Polish warehouse market. Both developers and tenants remain extremely active, as shown by the record supply of over 2.7 million sq m and the high demand, which has reached 4 million sq m for the third consecutive year.
The year 2019 ended with a record increase in modern warehouse space in Poland. The total demand for the third year in a row reached 4 million sq m.
2020’s headline news is that logistics real estate will continue to be driven by key trends in e-commerce, technology, and labour availability. The logistics sector’s inherent flexibility means that it can more easily adapt to changing opportunities and needs – so we expect 2020’s outlook to be bright.
Due to the pressure of quick access to end customers and the challenges of the shortest possible delivery times in the omnichannel scheme, last mile logistics is not the only issue rising in significance.