Companies will use them for e-commerce, research and development and lighter production. This year, the CTP developer will complete the next phase of the revitalization of the Brno brownfield after the Zetor factory near the city center in Brno-Líšeň. After the online supermarket Rohlík, which successfully launched its new storage space here in the autumn, CTP is preparing to open other halls that will be used for e-shops, light industrial production or as business places or spaces for small tradesmen. A total of approximately 75,000 square meters of leasable space is being created within CTPark Brno Líšeň.
The current analysis of CBRE, the world leader in commercial real estate services, maps the growing importance of e-commerce around the world and its impact on the logistics real estate market. Back in 2015, the global retail market had a total turnover of $ 12.6 trillion, with online sales accounting for 8%. In the following years, Internet sales grew significantly, accounting for 18% of the total $ 13.5 trillion by 2020. This represents a 140% increase in just five years.
Breeam's sustainability certification commits developers to comply with demanding environmental requirements. Not only do tenants of buildings benefit from it, but in the long run, lower emissions, resource savings and a richer and more diverse environment are good for society as a whole. Therefore, buildings are being built in the P3 Lovosice industrial park, which will offer tenants the Breeam Excellent standard.
■ Average cost of debt reduced by a further 35 basis points to 1.25%
■ Order book close to €4 billion
■ More than 80% of debt now in unsecured bonds
■ Lowest ever coupon on a 4-year bond for a CEE Borrower
According to Prologis' latest expectations, the number of completed logistics projects in Europe in the next decade will be lower than demanded. The current report from Prologis Research identifies geographical, economic and political market barriers on the new supply side.
Operating practice proves that the builder of industrial buildings Panattoni eliminates the impact of inflation on tenants in their parks. He succeeds thanks to the correct setting of the amount of advances for service fees in combination with the constant pressure on cost-effectiveness. Therefore, its clients in the field of logistics and industry can well anticipate future costs and investors can better plan their investments for individual projects.
■ Very solid first ESG rating for CTP N.V. by Sustainalytics Inc.
■ RRisk score of 11.0 puts CTP NV the top 1.5% of over 11,000 corporates internationally that have a Sustainalyt-ics score; among real estate companies, CTPs score puts it in the top 5% over 1,000 scored
■ Sustainalytics rates CTP NV Management as ‘strong’ on ESG matters
