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.
At the end of the Q1 2019, the modern warehouse space in the 11 main regions of Poland reached 16.6 million sq m. The Warsaw market accounted for nearly 25% of the total supply in the country (4 million sq m), which allowed it to maintain its leading position.
Cities in India, China and the Middle East growing more resilient and offer investors long-term opportunities - within 10 years China will occupy 43 spots in Savills Top 100 Resilient Cities ranking. New York, Tokyo, London, Los Angeles currently Savills top four cities most resilient to global disruption now and in 2028, but ‘challenger cities’ rising fast. The dynamic economic growth of major urban centers in Poland is giving real prospects for higher returns on investment in commercial real estate than in major centers business of the old world order.
Panattoni Europe, market leader in industrial real estate in Europe, announces the development of Panattoni Park Gorzów Wielkopolski. The project planned to exceed 69,000 sqm will be launched in the coming August.
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?
Real estate advisory firm Savills has represented DB Schenker in its lease of approximately 8,500 sq m of logistics space at the industrial park Panattoni Park Poznań VIII.
Tailormade to be green: the next generation of carbon-neutral warehouses
Long term relationships are often long term for good reason. As a future focused developer and long term logistics real estate owner, we take particular care to nurture the relationships we have with our different customers. Aside from providing space for them to run their operations efficiently, in the markets that matter most, we work alongside our customers to offer value-add initiatives that support their growth and environmental goals alike.
A new generation of logistics real estate
We’ve just delivered a very special facility for our pan-European customer L’Oreal, at Muggensturm, in Germany. At a whopping 101,000 square metres (their largest distribution centre worldwide) it’s not its size that makes it impressive. Rather, it has been carefully designed to ensure permanent, carbon-neutral operation.
Covering 18 hectares, this new hub-facility serves L’Oreal’s markets in Germany, Austria and Switzerland. From design to operation, sustainability has been the central focus throughout this development. Its functionality has been completely customized to meet today’s logistics standards and those of tomorrow. Sustainable energy is used to operate the facility. Rainwater irrigates green areas, cleans the halls and flushes the toilets. It is especially well insulated, equipped with energy-saving LED lighting and features a rooftop, solar array with a maximum peak capacity of 2.0 megawatts.
During development we also paid careful attention to the natural landscape and location characteristics. We worked with the municipality to define and implement species protection measures. Specifically for the skylark, a bird native to the local countryside. In addition, we’ve created 30,000 square meters of conservation habitat, right on top of the facility’s roof.
The value of customer relationships
When it comes to customer and environmental initiatives, our track record is well documented. Part of the reason for this carbon-neutral project partnership to be successful was that our sustainability strategy neatly fit with L’Oreal’s own high environmental standards. An equally important factor is our long standing relationship we have with them across Europe. Satisfied that we connect them to their largest markets and provide flexible, durable and sustainable solutions for their logistics needs, the choice for Prologis to deliver their new distribution centre was easily made.
The cosmetics giant has steadily increased its European footprint with us, from as far back as 2006, first doubling and now quadrupling it’s total area to more than 140,000 square metres. We have facilitated our customer at each step, enabling them to build suitable logistics gateways in southern and eastern Europe at Vemars and in Prague, and now in Northern Europe at Muggensturm too. This state-of-the-art development sets a whole new standard for future projects and leads the way in keeping our customers ahead of what’s next.
Source: Prologis
Panattoni Europe, market leader in industrial real estate in Europe, carries on with the construction of Europe’s largest logistics complex – Central European Logistics Hub, with planned space of 600,000 sqm. To date, 250,000 sqm have been completed and a further 160,000 sqm are under development. Thanks to the Hub, the New Industrial District of Łódź is emerging, with potential for 7,000 jobs.
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