PL

E-commerce set to accelerate with Coronavirus

E-commerce
POLAND Cushman & Wakefield is cautious about predicting how the coronavirus pandemic will change online shopping habits but notes that many Polish companies are expecting a massive increase in their online orders.

Vistula Retail Group expects online sales to represent 24 pct of revenue for the first quarter compared to 15.5 pct last year. CCC Group expects 45 pct of revenue to be online in March, while for 2019 the figure was only 25 pct. The consultancy also points out that many of the major Chinese internet firms gained their footing during the SARS health crisis of 2002/2003. In the USA Amazon is hiring 100,000 new employees and raising wages by USD 2 per hour. In Poland Cushman & Wakefield suggest that having an efficient warehouse system will come to be seen as an element of competitive advantage as more companies start providing same day delivery. The clear winners of the coronavirus crisis will be courier companies which by 2023 should be handling up to 850 mln parcels worth up to PLN 12 bln.

“Certainly, consumers who are currently staying at home and shopping online to avoid the risk of infection will also look more favourably on e-commerce once the pandemic is over. This will lead not only to growth in industries that are already popular (clothing, electronics), but also those that were marginal until the crisis, such as e-grocery, which has a 1 pct share of total e-commerce,” says Damian Kołata an associate at Cushman & Wakefield.

Latest news

Investment & finance

POLAND Elite acquires Jysk hall in Radomsko

schedule 16 August 2022
Opr./edited by NN

Elite Partners has acquired a warehouse building in Radomsko in the southern part of central Poland for almost EUR 30 mln.

Material partner

Poland New ESG Report – Atrium

schedule 02 August 2022
Eurobuild CEE

Atrium European Real Estate has published its 6th ESG report summarising the company's achievements in 2021. The report details the key initiatives involved in the implementation of the its ESG strategy. The company has set new and even more ambitious medium-term targets for 2030, which include a 40 pct reduction in the carbon footprint of its shopping centres by 2030, compared to 2019 levels. By 2050, Atrium wants to have become a carbon-neutral organisation.

Office & mixed-use development

POLAND Millennium Gardens opens its doors

schedule 16 August 2022
Opr./edited by NN

The first phase of Hungarian developer TriGranit’s Millennium Gardens office complex in Bucharest has been officially opened.

Green projects

POLAND Platinum for K2

schedule 16 August 2022
Opr./edited by NN

Vastint Poland has obtained LEED ‘Platinum’ certification for its recently completed K2 office building in Gdynia.

Green projects

POLAND First Polish Platinum for GTC

schedule 16 August 2022
Opr./edited by NN

The Nothus building in GTC’s Aeropark Business Centre in Warsaw has received an upgraded LEED rating of ‘Platinum’, while the Zephirus building in the same complex has retained its LEED ‘Gold’ status.

Eurobuild CEE

Poland Łódź Rediscover returns!

schedule 16 August 2022
Eurobuild CEE

We are delighted to invite you to the latest conference devoted to the Łódź investment market, organised (after a long break) by the City of Łódź and Eurobuild CEE. If you work in the real estate sector and are interested in the Łódź market in any way – you simply cannot miss this event!

Office & mixed-use development

POLAND Ukrainian document service opens in Blue Office

schedule 12 August 2022
Opr./edited by NN

The Ukrainian state document enterprise has opened its first branch in Poland – in Blue Office in Warsaw.

Property and Facility Management

CENTRAL EUROPE CPI to manage Immofinanz portfolio

schedule 12 August 2022
Opr./edited by NN

CPI Property Group is to provide asset management services across the region to Immofinanz, following its recent acquisition of a controlling stake in the latter company.

Office & mixed-use development

POLAND Medicover to open in Brain Park

schedule 12 August 2022
Opr./edited by NN

Medicover is to open its seventh Kraków clinic in Brain Park, which is under construction in Kraków, having leased 1,500 sqm in the office complex.

Warehouse & industrial

SLOVAKIA Naut left to lease in Garbe Piešťany

schedule 12 August 2022
Opr./edited by NN

Swedish e-commerce and outsourcing specialist Naut Group has leased 4,700 sqm of logistics space in Garbe Green Park Piešťany, where developer Garbe is to start the construction of a second, 18,000 sqm hall.

Office & mixed-use development

Poland Adgar buys Renaissance Tower

schedule 11 August 2022
Opr./edited by JC

Adgar Poland has acquired the Renaissance Tower office building in Warsaw's Wola district from Octava Property Trust for an undisclosed sum.

Warehouse & industrial

POLAND 7R Lublin receives financing boost

schedule 10 August 2022
Opr./edited by NN

7R has obtained a syndicated loan for the further development of 7R Park Lublin, which is to be expanded to almost 110,000 sqm.

Warehouse & industrial

POLAND Panattoni Park Żary on its way

schedule 10 August 2022
Nathan North
deputy editor

Panattoni has acquired a site for the development of Panattoni Park Żary, in Lubuskie province, close to Poland’s border with Germany.

Green projects

POLAND The first truly green houses

schedule 10 August 2022
Eurobuild CEE

The Polish Green Building Association (PLGBC) has awarded the first Green House pre-certificate, which confirms the environmental value and high energy efficiency of residential buildings. After the completion of construction work, the Aleja Drzew estate in Łódź should qualify to receive the final certificate.

Office & mixed-use development

POLAND Franke goes to Myhive

schedule 09 August 2022
Opr./edited by NN

Swiss kitchen fitting and design conglomerate Franke Group is to move its European shared services centre to the Myhive Nimbus office building in Warsaw, where it has leased 1,500 sqm.

Office & mixed-use development

POLAND Newmark moves to Centrum Marszałkowska

schedule 09 August 2022
Opr./edited by NN

Commercial real estate advisory Newmark Polska has relocated its Warsaw headquarters to Centrum Marszałkowska in the centre of the city.

Investment & finance

ROMANIA Hili handover for Miro

schedule 09 August 2022
Nathan North
deputy editor

Hili Properties has acquired, for around EUR 50 mln, a 75 pct stake in Băneasa Real Estate SRL, the special purpose vehicle that owns the Miro office building in Bucharest.

Events

POLAND The tournament where everyone was a winner

schedule 09 August 2022
Eurobuild CEE

JLL’s 11th Real Estate Charity Beach Volleyball Tournament brought together 54 teams and around 2,500 guests, while more than PLN 750,000 was raised in the charity auction for the Polish Humanitarian Action and Women's Rights Centre Foundation.

Office & mixed-use development

POLAND Warsaw office vacancy continues to slide – C&W

schedule 08 August 2022
Opr./edited by NN

Warsaw’s total office stock reached app. 6.27 mln sqm at the end of H1 2022, with occupier activity accelerating while vacancy continued its downward trend – according to Cushman & Wakefield.

Investment & finance

ROMANIA One United raises EUR 51.5 mln on BVB

schedule 08 August 2022
Opr./edited by NN

Romanian developer One United Properties has raised EUR 51.5 mln in what the company claims is the largest ever capital increase from a share issue of a company listed on the Bucharest Stock Exchange (BVB).

Latest in E-commerce

schedule 22 September 2020

Wildberries now growing in Ukraine

Russia’s largest online retailer Wildberries has entered the Ukrainian market.

schedule 21 May 2020

Wildberries growing in April

POLAND Wildberries, the Russian online retailer that debuted on the Polish market in January, has revealed some of its initial Polish sales figures.

schedule 12 May 2020

Wildberries growing in Slovakia

SLOVAKIA Wildberries, Russia’s largest online retailer, has entered the Slovakian market. The company has also anounced that it is considering investing EUR 200 mln in the development of a distribution centre in the country.

schedule 18 March 2020

E-commerce set to accelerate with Coronavirus

POLAND Cushman & Wakefield is cautious about predicting how the coronavirus pandemic will change online shopping habits but notes that many Polish companies are expecting a massive increase in their online orders.

schedule 30 January 2020

How much CO2 does your fashion sense generate?

WORLD Online second had clothes store Thredup store has created a Fashion Footprint Calculator to calculate the carbon footprint of your purchasing habits.

schedule 04 October 2019

A thousand new DHL Parcel pick-up points

POLAND DHL Parcel will this year have opened 1,000 new locations for despatching and collecting courier parcels.

schedule 26 September 2019

Logistics firms feeling the heat from e-commerce

POLAND According to the recent ‘Supply Chain for E-commerce. How to Meet the Challenges’ report published by DHL Supply Chain, most logistics companies in the contract logistics sector have yet to implement a strategy for the online retail segment.

schedule 28 August 2019

E-commerce is still a big challenge

WORLD Majority of companies have failed to fully implement an e-commerce strategy despite recognizing its importance, according to DHL’s global survey of nearly 900 decision-makers responsible for logistics or supply chain management and e-commerce.

schedule 29 July 2019

Hebe hits the net

POLAND Drugstore chain Hebe has officially launched its online store. Orders across Poland are delivered by courier. In Warsaw, parcels can also be picked up free of charge also in a chosen Hebe store.

schedule 18 July 2019

Airbnb modifies its practices

EUROPE The European Commission has announced that, as a result of negotiations with Airbnb, the platform has improved and fully clarified the accommodation and pricing offered to consumers on its site so that its standards meet EU consumer law.

schedule 17 July 2019

Europe points its big guns at Amazon

EUROPE The European Commission has opened a formal antitrust investigation to assess whether Amazon's use of sensitive data from independent retailers who sell on its marketplace is in breach of EU competition rules.

schedule 16 April 2019

Lidl goes online in Poland

POLAND Lidl is to launch an online store for Poland – lidl-sklep.pl.

schedule 23 January 2019

Chamber for e-commerce

POLAND The Polish Chamber of Digital Commerce (e-Izba) has set up the Retailers Group e-Chamber to support companies who operate in e-commerce and omnichannel sales or are planning to start a business in this sector.

schedule 05 November 2018

Polish online retailers looking to go global

POLAND Around 24 pct of Polish online retailers are currently considering foreign expansion claims the ‘The Challenges of E-commerce’ report prepared by the Kronenberg Foundation at Citi Handlowy.

schedule 26 September 2018

Shopping with a robot salesman

POLAND A Wrocław start-up has created a chatbot to sell and recommend goods to shoppers.

schedule 25 September 2018

Internet traders running up debt

POLAND According to BIG InfoMonitor data, the debts of e-commerce traders came to PLN 126 mln at the end of June this year, up 19 pct on the end of 2017.

schedule 14 September 2018

Zara reorganises online sales

WORLD The Zara store chain is to complete and send out online orders directly from its brick and mortar stores. The Spanish-based Inditex group, which owns the Zara brand, believes it can make online orders easier for shoppers by processing individual orders in their stores. Whenever a product is unavailable online, but can be found in stock at a local store, it can be ordered immediately with home delivery.

schedule 06 September 2018

True innovation from Marks & Spencer

WORLD Marks & Spencer has partnered with True, which operates in the new-tech segment, to focuses on innovation and digital transformation.

schedule 26 July 2018

Almost half of Poles yet to embrace e-commerce

POLAND According to this year’s ‘E-commerce in Poland. Gemius for e-Commerce Poland’ report by Gemius, 44 pct of Polish internet users have yet to make any purchases on the internet.

schedule 06 July 2018

CCC to attract young women

POLAND CCC and DeeZee signed a contract to enter operational and financial cooperation. Both parties assume numerous positive effects of the cooperation – DeeZee is looking forward to the support of CCC’s financial strength and scale, while CCC group is to enrich its offer for young ladies customer group.

Categories