Tag «real estate»

Urban expansion and displacement of business: multi-story construction as an answer

Land scarcity near major Dutch cities is becoming a serious challenge for governments, developers, and occupiers—especially for businesses involved in last-mile logistics and local services. These “caring businesses” are essential for maintaining urban life, yet they’re increasingly pushed out by housing development and the repurposing of commercial areas. As urban populations grow and land becomes …

Some US malls now double as e-commerce fulfillment centers

Some US malls now double as e-commerce fulfillment centers. Changes brought by the pandemic and growing e-commerce have prompted many shopping center owners to convert some space into fulfillment centers, taking advantage of large parking lots and loading docks. A prime example of catering to ever-growing customer demand while keeping costs down lies in the …

Mobility and the mall: three solutions for efficient and sustainable omnichannel goods transportation

Urban shopping malls depend not only on consumer mobility to operate and thrive but also on goods mobility. With the emergence of omnichannel retail, stores are now multifunctional hubs accommodating collection, delivery, and return of online purchases. As a consequence, goods transportation requirements for stores have intensified. This impacts the malls in which they are …

Handbook about urban and periurban logistics real estate

The Logistics City Chair team published the digital version of the handbook n°3 of the “Welcome to Logistics City” series dedicated to urban and periurban logistics real estate.  The development of logistics real estate adapted to professionals and respectful of the requirements of cities has gradually emerged as an adequate response. It allows for mobility optimization and the accelerated decarbonization …

A shortage of logistics real estate in the food sector: what to do now?

Many distribution centers have been built in the last ten years in the food sector. However, local support for even more distribution centers is declining. Therefore, companies must move towards a more efficient and more intelligent approach to distribution, together with their supply chain partners. Dutch retailers Hoogvliet, Jumbo, Albert Heijn, Picnic, Hellofresh, and Plus …

CTP acquires Amsterdam Logistic Cityhub for 300 mln euro

CTP, a top-five industrial property developer in Europe, announced the acquisition of the Amsterdam Logistic Cityhub (ALC) with a net transaction value of €307 million for 100% of the shares of this single asset. The XXL city hub in the Western Docklands of Amsterdam is currently being constructed. Upon completion (end of 2022), will comprise …

WEF about the future of logistics real estate

The WEF presented a report on the future of real estate. In recent years, industrial portfolios have been dominated by logistics facilities as the double-digit growth of e-commerce (both B2C and B2B), coupled with the steady increase in consumer spending, has driven demand in the asset class ‘industrial and logistics’.

Prologis: location, not rent, is the top priority

The global pandemic has forever altered the logistics real estate landscape: supply chain decisions have become more holistic, more data-driven, and more urgent than ever. Underlying this shift are the same forces (urbanization, digitalization, and demographics) that have changed the way we live, work, and shop.