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

Office & mixed-use development

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schedule 09 July 2020
Opr./edited by NN

Infrastructure specialists AECOM Polska has leased more than 1,000 sqm in the Ambassador office building in Warsaw’s Służewiec district.

Investment & finance

ROMANIA NEPI Rockcastle and AFI agree new MOU

schedule 09 July 2020
Nathan North
deputy editor

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Office & mixed-use development

POLAND Wave approval waved through

schedule 09 July 2020
Opr./edited by NN

The Wave office building, which has just been completed by Skanska in Gdańsk’s Oliwa district, has been approved for use.

Warehouse & industrial

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schedule 09 July 2020
Opr./edited by NN

The CEE-6’s share of EU manufacturing output has more than doubled since 2004, when the first group of these countries joined the European Union, according to research by Colliers International.

Office & mixed-use development

POLAND Warsaw office pipeline half pre-leased

schedule 09 July 2020
Opr./edited by NN

Around 50 pct of the 704,000 sqm of office space currently under construction in Warsaw has been pre-leased, according to real estate advisory Cresa.

Office & mixed-use development

CEE REGION Office occupiers set to embrace hybrid models

schedule 09 July 2020
Opr./edited by NN

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Office & mixed-use development

ROMANIA Lockdown leases of 25,000 sqm for Globalworth

schedule 09 July 2020
Opr./edited by NN

Globalworth has signed contracts for more than 25,000 sqm of office space in Bucharest in the last three months, despite the pandemic and social distancing measures.

Retail & leisure

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schedule 09 July 2020
Nathan North
deputy editor

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Retail & leisure

SERBIA Pepco launches into Serbia

schedule 08 July 2020
Nathan North
deputy editor

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Construction

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schedule 08 July 2020
Opr./edited by NN

The European construction industry expected to recover in second half of 2020, according to data and analytics specialists GlobalData.

Property and Facility Management

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schedule 08 July 2020
Nathan North
deputy editor

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Events

Poland Changing with the times

schedule 08 July 2020
Eurobuild CEE

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Investment & finance

EUROPE Industrial yields fall below retail for first time

schedule 08 July 2020
Opr./edited by NN

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Events

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schedule 08 July 2020

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Warehouse & industrial

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schedule 08 July 2020
Opr./edited by NN

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Office & mixed-use development

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schedule 08 July 2020
Opr./edited by NN

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Events

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schedule 08 July 2020

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Investment & finance

ROMANIA NEPI Rockcastle portfolio sale hits the rocks

schedule 07 July 2020
Nathan North
deputy editor

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Warehouse & industrial

POLAND Dot2Dot packed into 7R Park Gdańsk II

schedule 07 July 2020
Opr./edited by NN

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Green projects

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schedule 06 July 2020
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Latest in E-commerce

schedule 21 May 2020

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schedule 12 May 2020

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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

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schedule 04 October 2019

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schedule 26 September 2019

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schedule 28 August 2019

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schedule 29 July 2019

Hebe hits the net

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schedule 18 July 2019

Airbnb modifies its practices

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schedule 17 July 2019

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schedule 16 April 2019

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schedule 23 January 2019

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schedule 05 November 2018

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schedule 26 September 2018

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schedule 25 September 2018

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schedule 14 September 2018

Zara reorganises online sales

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schedule 06 September 2018

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schedule 26 July 2018

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schedule 06 July 2018

CCC to attract young women

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schedule 05 July 2018

KiK gets bigger and online

POLAND The KiK discount chain expands its stores and introduces arrangement changes.

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