“We will start a new project for Romania, together with Poland, for the construction of a highway and a railway, linking Constanța, from the Black Sea, with Gdansk, from the Baltic Sea. This infrastructure project will be a huge benefit for the economies of Romania and Poland, but also for the economies in the region, many years from now “, said the US Ambassador to Bucharest Adrian Zuckerman.
The statement was made on Friday, in Washington, in the speech delivered on the occasion of the signing of the Intergovernmental Agreement between Romania and the United States, which took place at the Department of Energy.
A record-breaking Panattoni project for Amazon in Gliwice with 210,000 sqm and four storeys.- announced in November 2019
Panattoni, market leader in industrial real estate in Europe, has built a facility for Amazon in Gliwice of record-breaking size and functionality. The project, featuring in excess of 210,000 sqm and four storeys, is the company’s largest building in the country and has been fitted out with advanced Amazon Robotics technology. The investment in Gliwice is Panattoni’s eighth project developed for Amazon.
Panattoni Europe is the European branch of one of the world’s largest industrial developers, the Panattoni Development Company, established in the USA in 1986 by Carl Panattoni. In subsequent years new branches have appeared, initially in the USA and Canada then in Great Britain and across Europe. [more – here]
The infrastructure connections and the developed projects offer Amazon easy access to German and other western markets.
The German Football League (DFL) recently announced a cooperation with Amazon Web Services (AWS), the cloud-based solutions arm of Jeff Bezos’ digital behemoth, to underpin the delivery of data internally and for Bundesliga fans worldwide.
AWS is currently a partner of several high-profile rights holders, including the National Football League (NFL), Major League Baseball (MLB) and the Six Nations international rugby union tournament, as well as motorsport’s Formula One and Nascar. However, this marks the company’s first entry into soccer, and in doing so with the Bundesliga, AWS is collaborating with one of the most high-profile brands in sport. [more – here]
Amazon has announced it has secured the rights to broadcast selected matches of the UEFA Champions League (UCL) in Germany as from the 2021/22 season. The retail giant has acquired the ‘A1’ package, meaning it has picked up the exclusive rights to broadcast 16 UCL matches a season. This gives the e-commerce organization the ‘top pick’ for Tuesday night fixtures in both the group and knockout stages between the 2021/22 and 2023/2024 seasons. [more – here]
For centuries, Gdansk has attracted traders, businessmen, and inventors. Together with Sopot and Gdynia, Gdansk is part of the Tricity metropolitan area, which has a population of over one million people. Amazon Development Center in Gdansk is home to a variety of teams that deliver innovative solutions powering Amazon products and services around the world. Teams of developers and researchers work on revolutionizing the way users interact with Amazon products and services. [more – here]
American e-commerce giant Amazon is likely to enter the Polish market later this year, according to leading daily Gazeta Wyborcza. The newspaper claims to have learned of “advanced talks” taking place between Amazon and Poczta Polska, the Polish state postal service, which would reportedly carry out delivery of products from a Polish version of the Amazon website, serving customers in both Poland and neighbouring Ukraine. [more – here]
The infrastructure projects would offer Constanta connectivity and major business opportunities with a network of booming Polish cities.
“Gdańsk is the home of Poland’s shipbuilding industry and the birthplace of the Solidarność movement. It is also the main city of the Tri-City conurbation” shows a special Poland Today (www.poland-today.pl) project & report created for business networking at MIPIM 2019 (www.mipim.com).
New locations on Poland’s logistics map — including cities
For many years now Poland has been experiencing dynamic growth in terms of the number of logistics centres. This results from the extremely positive economic indicators, optimistic forecasts and the gradual improvements in the country’s transport infrastructure. Logistics and eCommerce businesses are the sector’s most active tenants.
Consumers expect quick deliveries, which means warehousing facilities have to be located within city boundaries (the so-called “last mile delivery”). The build-to-own (BTO) format is also becoming increasingly popular, particularly amongst tenants wishing to invest in advanced and expensive systems to optimize their costs. – The Polish Real Estate Guide 2019.
Walter Herz together with the partners: Polish Investment and Trade Agency, PFR Group and People HR launched Friday, the latest report “Why invest in Poland”. Poland has been an absolute leader in the region since 1990s. Despite the COVID-19 outbreak, activities of global investors remained at record high level and achieved the second highest result in the history of the Polish real estate sector. The report highlights the economic foundations and future potential of Poland combined with business opportunities, legal and tax aspects to consider, investment trends and market conditions as well as grants and incentive packages offered by the state. [more – here]
What might the Solidarity Transport Hub Poland look like?
An insight into the new architectural concepts of the airport [more – here]
Concepts such as a terminal in the shape of a triangle, with an amber roof or integrated with the airport-city railway system – were proposed by architects to the investor of the Solidarity Transport Hub Poland. They will serve as the inspiration during the preparation of the master plan for the airport, which is to be commissioned early next year (date of the release – june 2019).
The Solidarity Transport Hub Poland (STH) and the British Embassy in Poland invited the designers from Woods Bagot, Populous and KPF to Warsaw for architectural design workshops. The designers were encouraged to share their ideas for the initial concept of the STH.
Projects in Constanta
The port of Constantza and its ports-Midia and Mangalia and also the Tomis Marina are public-private maritime ports owned by the Romanian State which is responsible for their regulation and function through the tasks entrusted and discharged by National Company “Maritime Ports Administration” S.A. Constantza (MPA) and Romanian Naval Authority (RNA), both of them being subordinated to the Ministry of Transports and Infrastructure.
The future projects listed online, programing period 2021 – 2027, include:
1. Consolidation, stabilization and arrangement of the slope lines (seafront) adjacent to Constanta Port between Gate 3 and Gate 7 (Phase II of the project Expansion and modernization of water and sewage system, by rainwater harvesting and stabilizing the adjacent area, financed through LIOP 2014-2020)
2. Barge terminal – second stage
3. Development of Quay at the Entrance of the Danube-Black Sea Canal (near work port)
4. Implementation of Master Plan project for road and access infrastructure in Constanta Port
5. Modernization of power supply system in Constanta Port – second stage
6. Rehabilitation of the head part of Northern Breakwater in Constanta Port
7. Rehabilitation of the Northern Breakwater in Constanta Port
8. Development of the railway capacity in the Constanta Port Terminal railway ferryboat station
9. Doubling the railroad line at the Agigea lock station – Constanta ferry-boat and systematization of the connection point in Agigea lock station
10. Revision of the Master Plan of Constanta Port correlated with the new Zonal Urban Plan and Master Plan project for road and access infrastructure in Constanta Port
11. Development of Exhibition Center in Constanta Port and rehabilitation of heritage buildings
12. Digitalization projects (E-transport axis, future Operational Programme)
13. Development of berthing construction adjacent to the connection canal between Berths no. 85-89
[more – here]
Globalworth and Global Vision lease to PepsiCo a storage unit inside the business park developed at Constanța
Globalworth and Global Vision lease to PepsiCo a part of the first warehouse delivered within Constanța Business Park, the newest real estate mixed-use project in the region, developed on a 100 Ha land.
It is about a storage space of approximately 6,000 square meters and an office area of 550 square meters, where the company’s employees will carry their activities.
“When we started the development of the Constanța Business Park project in 2019, we relied on the numerous advantages it will offer to future tenants due to its strategic positioning. Constanța benefits from the best connectivity in Romania in terms of infrastructure, with easy road and railway access, as well as access to the sea and river routes. All this, as well as the development of the supply chain operation brings together new strong partners such as PepsiCo. We are glad to have them by our side, and this new long-term partnership confirms our good decision to build this business park near the port of Constanța. We are committed to providing them with space at the highest international standards and to strengthening this valuable partnership from year to year”, said Mihai Zaharia, Director of Investments and Capital Markets at Globalworth.
Constanța Business Park is an ambitious project that proposes to its customers and the local community, in addition to industrial and storage spaces and components for office, retail, strip mall, hospitality and an intermodal terminal.
“We will deliver next month, a fully-equipped and functional space for our tenant. We are glad that PepsiCo will carry out its long-term distribution operations in the area, in the project developed by Global Vision and Globalworth in Constanța. The transaction concluded with the help of CBRE is a strong confirmation of the success of this project. With this new delivery in Constanța, we are getting closer to the total area of almost 60,000 square meters that we plan to inaugurate this year”, said Sorin Preda, CEO Global Vision.
In July, Globalworth and Global Vision completed the construction of the first 20,800 square meters storage unit. The potential of expanding the current unit is up to 100,000 square meters, and the logistics and industrial function is up to 400,000 square meters.
Constanța Business Park is located near the Port of Constanța, on the Pan-European IV transport corridor, with easy access to the A4 Motorway and connected to the national road DN 39 that connects Constanța to Mangalia.
Industrial Park Mihail Kogalniceanu – WDP
WDP has also opportunities lined up, just a 20-minute drive from the city of Constanta. This first-class distribution centre development, the first section of which was built in 2018, is set to meet the highest standards in logistics warehousing. With about 45,000 square metres still up for development, the possibilities are endless.
The Mihail Kogalniceanu warehouse development is located in the northern part of Constanta, a bustling seaside port town just over 300 kilometres away from the Bosphorus Strait. The distribution centre offers direct access for logistical fleets, with the E60 road right by its doorstep, just a 3-minute drive away from the nearby NATO base or the Kogalniceanu airport. Clients and truck drivers can reach the A2 highway in 15 minutes, allowing them to swiftly get on their way towards the rest of the country – and the continent.
Once the plot is fully developed, three units will be available (21,500m2, 9.495m2 and 4,785m2 respectively), all featuring state-of-the-art office space. Inside the warehouses, the possibilities abound. Cold storage, regular storage or freezer storage? All the amenities can be made available to support specific activities.
“With its abundant parking space, reliable water and sewage utilities, direct gas-fired air heaters with a fan heating system, and 24-hour security and CCTV system, you can hit the ground running the second you move in.” – Dana Bordei, Commercial Director WDP.
Virgin Hyperloop Unveils West Virginia as the Location for the Hyperloop Certification Center
After years of testing and developing hyperloop technology at their full-scale test site, Virgin Hyperloop unveiled last week that West Virginia will be home to the Hyperloop Certification Center (HCC).
“Today is one of the most exciting days in Virgin Hyperloop’s history,” said Sir Richard Branson, Founder of the Virgin Group. “The Hyperloop Certification Center is the start of the hyperloop journey for West Virginia, for the United States, and for the world. We’re one step closer to making hyperloop travel a reality for people everywhere.”
Hyperloop projects are a big step closer to becoming a reality in the US. The Department of Transportation and the NETT Council have issued a federal regulatory framework guidance document for hyperloop and other emerging forms of transportation tech. It gives hyperloop a designation under the Federal Railroad Administration (FRA), the same umbrella as high-speed rail. [more – here]
Read now a special report, a property market tour in Romania, at the end of the lockdown – June 2020. Projects status & updated opportunities, plans for S2 and 2021. Editorial Supplement, June 2020, Logistics & Office, by “Romania’s Real Estate Yearbook 2020.