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Interest in new warehouses in Slovakia continues this year
2 months ago,

Interest in new warehouses in Slovakia continues this year

The first weeks of 2018 indicate that the high interest in new warehouses in Slovakia is continuing. Developers are responding to the demand with the preparation of expansion phases for their successful projects as well as plans for new industrial premises and parks. The latter may start during the first half of 2018 and so developers would be able to offer new spaces in late 2018.

 

New delivery may increase the vacancy rate until it exceeds 4.5 percent,” said Martin Varačka, head of the department of industrial real estate at CBRE Slovensko as cited by the TASR newswire.

 

CBRE registers demand for external warehouses for manufacturing companies and the growth of the e-commerce segment of the market.

 

The A-class industrial and logistics parks amount to 2.24 million square metres where the vacancy rate has decreased moderately to 3.52 percent.

 

CBRE has not registered any intentions by foreign developers near the Slovak-Ukrainian border.

 

These investors focus primarily on western and central Slovakia,” said Varačka, adding that some developers have registered development in eastern Slovakia and are considering the preparation of warehouse and industrial parks here. In 2017 expansion was not only established by manufacturers in Košice and Prešov but also, for example, in Michalovce.

 


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