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 Arrow takes aim at Poland

schedule 01 July 2020
Opr./edited by NN

Arrow Capital Partners has acquired Airport House in Warsaw for its USD 3 bln European Strategic Industrial Real Estate (SIRE) platform for an undisclosed sum.

Warehouse & industrial

POLAND Panattoni to begin latest Silesian park

schedule 01 July 2020
Opr./edited by NN

Panattoni is to develop its latest warehouse and manufacturing park in Silesia – Panattoni Park Zabrze II.

Investment & finance

POLAND Strong H1 volumes despite the virus

schedule 01 July 2020
Opr./edited by NN

An investment volume of EUR 2.9 bln was transacted on Polish real estate in the second best H1 on record, according to JLL.

Investment & finance

POLAND Investor confidence set to recover – Cresa

schedule 30 June 2020
Opr./edited by RO

Despite the impact of the pandemic, Poland should continue to be an attractive commercial real estate investment destination, according to Cresa.

Office & mixed-use development

POLAND GFT moves HQ to Brama Miasta

schedule 30 June 2020
Nathan North
deputy editor

German software provider GFT is moving its Polish headquarters in Łódź to the first building of the Brama Miasta complex in the city centre, where it will occupy three floors and 4,700 sqm.

Office & mixed-use development

POLAND Skanska seals largest ever lease

schedule 30 June 2020
Nathan North
deputy editor

Skanska has finalised the signing of a ten-year, 47,000 sqm lease with insurance company PZU for all the office, retail, storage and parking space in the third stage of Generation Park in Warsaw – the entire Y building.

Warehouse & industrial

POLAND Accolade to invest EUR 47 mln in Gorzów

schedule 30 June 2020
Opr./edited by RO

Accolade has been revealed to be the investor behind the Panattoni Park Gorzów Wielkopolski, which is currently being developed by Panattoni in western Poland.

Property and Facility Management

POLAND MVGM chosen for City One

schedule 29 June 2020
Nathan North
deputy editor

MVGM has taken over the management of City One, the first stage of the City Forum office complex in Wrocław.

Office & mixed-use development

Romania Hagag takes on Știrbey Palace

schedule 29 June 2020
Opr./edited by AH

Real estate developer Hagag Development Europe has received the urban planning certificate for its restoration and conversion into offices of Știrbey Palace in Bucharest.

Investment & finance

CZECH REPUBLIC City West C1 and C2 sold for CZK 2 bln

schedule 29 June 2020
Nathan North
deputy editor

Czech real estate group Českomoravská Nemovitostní (ČMN) has completed the CZK 2 bln (app. EUR 74.5 mln) acquisition of two office buildings: City West C1 and C2 in Prague’s western Stodůlky district.

Technology

WORLD Investment set to rise in home office tech

schedule 29 June 2020
Opr./edited by RO

As many as 88 pct of EMEA occupiers intend to invest more in technology designed specifically to aid home working, according to CBRE’s 2020 EMEA Occupier Flash Survey.

Office & mixed-use development

POLAND Wrocław office market on the road to recovery

schedule 29 June 2020
Opr./edited by RO

The Wrocław office market is now on the recovery path after the Covid-19 pandemic, according to Polish consultancy Walter Herz.

Warehouse & industrial

POLAND Poland set for a nearshoring boom?

schedule 29 June 2020
Opr./edited by RO

Poland may become a nearshoring hotspot, especially after the Covid-19 pandemic, claims consultancy Savills.

Warehouse & industrial

POLAND Elastron comes to North Gate

schedule 29 June 2020
Opr./edited by RO

Leather and fabrics distributor Elastron has leased almost 3,000 sqm in the S5 Wrocław North Gate industrial park in Psary north of Wrocław.

Investment & finance

POLAND Tomasz Trzósło approved as EPP CEO

schedule 29 June 2020
Opr./edited by RO

A general meeting of shareholders has approved the appointment of Tomasz Trzósło to the position of CEO of EPP.

Office & mixed-use development

POLAND Warsaw Unit puts on dragon skin

schedule 26 June 2020
Opr./edited by RO

Ghelamco Poland is about to complete installing a kinetic façade, called ‘Dragon Skin’, onto its Warsaw Unit office development.

Office & mixed-use development

BULGARIA Landlords in no mood to postpone or lower rents

schedule 25 June 2020
Opr./edited by RO

As many as 71 pct of office tenants in Sofia have asked to defer rental payments and 53 pct have asked for a temporary rent reduction, according to a survey of 85 office landlords in the city by consultancy MBL.

Technology

WORLD Pandemic to speed up digitalisation

schedule 25 June 2020
Opr./edited by RO

During the pandemic digitisation has become fundamental to business development and stability, according to the findings of the “Omnichannel – from evolution to revolution. A look at the pandemic” report by Colliers International.

Warehouse & industrial

Poland A2 Park delivered

schedule 25 June 2020
Opr./edited by AH

Panattoni has announced that it has completed the development of the A2 Warsaw Park.

Warehouse & industrial

Poland Data centre takes 21,000 sqm for 15 years

schedule 25 June 2020
Opr./edited by AH

Savills Investment Management has announced the signing of a 15-year lease of 21,000 sqm in Gate One Business Park in Warsaw.

Latest in E-commerce

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.

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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