In the thirteenth year of the Real Estate Brand Value study, the European Real Estate Brand Institute awarded P3 Logistic Parks twice. Compared to last year, the long-term manager and developer of industrial real estate recorded the biggest jump in terms of brand strength across all categories and markets, and therefore received the "Strongest Brand Growth" award. In addition, P3 was named the best logistics developer in the region of Southern Europe for the third time in a row.
■ 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
Companies considering switching to an online store now have ideal conditions for this step. The coronavirus pandemic has taught Czechs and Slovaks to shop online, even in segments of goods that people used to buy almost exclusively in person at the store. In addition, during the lockdown period, a huge number of new e-shops were created in the living rooms and garages of Czechs and Slovaks, which will now try to switch to professional fashion. According to statistics, however, up to 99% of them will not be able to move to the next phase, because they will not set up automated processes in time to help them with the rapidly growing demand, logistics and other demands. How to handle such a transition?
Currently, the market is not just living by a burning shortage of pallets on the market, including material suitable for their production, whether it is wood or plastic. A frequent topic within pallet management and logistics is the question of whether pallet ownership or the use of a pallet pooling service is a more suitable solution for companies.
Gefco is completing LNG truck testing. This initiative is part of Gefco's efforts to improve its environmental approach and is in line with a CSR strategy based on sustainable supply chain solutions.
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.
Budějovický Budvar (hereinafter as Budvar) – brewers of the world famous beer brand – has invested in ZetesMedea loading verification technology in their new state-of-the-art automated warehouse. The solution optimises outbound logistics efficiency using advanced camera-based technology to ensure 100% shipping accuracy.
Logicor, a leading owner and operator of logistics real estate in Europe, announces the launch of a new office in Prague, Czech Republic. The office has been operational since 1 May 2021.
