Money Buzz! Europa

Tag: warehouse

  • Additional 8.6 million sq m of warehouse space needed in Europe

    Additional 8.6 million sq m of warehouse space needed in Europe

    According to a report from Savills, an additional 8.6m sq m of warehouse space is required by parcel companies in Europe by 2025 to keep up with growing e-commerce demand.

    A report from Effigy Consulting shows that a total of 12.3 billion parcels were delivered in Europe during 2019.

    Applying data from OFCOM’s parcel delivery, which shows an annualized growth of 9.1% in the number of UK parcels, the next five years in Europe will require a significant development pipeline.

    Regarding the needed pipeline for Europe, assuming that 20% of goods bought online are returned over this period.

    Thus, an estimated 1.7m sqm of this space will be required to accommodate and process returns from parcel delivery companies.

  • DPD Romania expanded operations in Arad, Bucharest and Brasov

    DPD Romania expanded operations in Arad, Bucharest and Brasov

    DPD rented new warehouse facilities in Arad, Bucharest and Brașov, with a total area of ​​5,500 square meters. JLL represented DPD in this process.

    In the first nine months of the year, the demand for industrial and logistics spaces was almost 380.000 square meters, of which 46.2% (175.300 sqm) were intermediate transactions of JLL.

    The courier company DPD Romania is part of DPD group, European leader in routier deliveries, and has been active on the local market since 2008, after taking over Pegasus Courier.

    DPD has over 1.800 employees (including franchises) and over 15 million packages delivered annually.

  • LPP opens a warehouse in Sered, Slovakia

    LPP opens a warehouse in Sered, Slovakia

    LPP has launched a Fulfilment Enter-type warehouse in Slovakia as part of its e-commerce channel development strategy, to support online sales on Central European markets.

    The warehouse located in PNK Park Sered was originally to cover 25.000 m2 of industrial space with an option to expand it by another 7.000 m2 over the next three years.

    The decision to open a warehouse in Slovakia is part of the company’s strategy for the development of its international distribution network.

    The building has been divided into two parts, the first one with an area of 17,000 m2 is mostly dedicated to manual operations.

    The second part (15,000 m2) is dedicated to automatic solutions and cross-dock operations of goods intended for the stores chain. It has also been equipped with high storage racks for e-commerce and brick-and-mortar stores from the Central Europe region.

    The total storage area for this purpose includes as many as 2040 pallet spaces. Despite the relatively short time that has passed since the launch of the facility, the maximum number of products that entered and left the warehouse in one day has reached 152,000.

    The investment makes it possible to offer all customers of LPP brands from the Central European region the next business day delivery, and in some locations even the same day delivery.