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Tag: warehouse

Mike Burke elected president of AMHSA

Posted on by David Priestman

At its recent AGM, members of the Automated Material Handling Systems Association (AMHSA) voted to appoint Mike Burke as the organisation’s President.

Having spent over 40 years in the material handling industry, Burke has wide experience and has served as AMHSA’s Vice President since 2019. During this time, he has worked alongside outgoing President, Scott Chambers, in successfully raising the association’s profile and increasing its membership.

“I’m delighted to take over the reins as AMHSA President at an exciting time for the automated handling sector,” commented Mike Burke. “I’m proud of what AMHSA members have achieved over the past year, with automation helping to keep supply chains operating during the pandemic. With huge demand for intralogistics automation in the post-Covid and post-Brexit economy, AMHSA has a key role to play in enhancing recruitment, training and standards in order to meet this demand.”

A Chartered Engineer and Member of the Institution of Mechanical Engineers, Mike Burke is passionate about improving professional recognition for colleagues in the automated handling industry. “This will be a key area of focus during my two-year term of office as AMHSA President,” said Mike. “I believe that we need to improve recognition for the engineers in our industry and that AMHSA can be instrumental in building partnerships with other professional bodies to achieve this.”

Mike began his career with racing car gearbox manufacturer, Hewland Engineering, where he started an HNC in Mechanical Engineering. He then moved to Cable Belt, bulk conveyor specialist for the mining industry, where he completed both the HNC and a degree in Mechanical Engineering alongside his role as a Project Manager. Mike has spent the past 35 years at E&K Automation Ltd (previously Indumat) as Project Manager, then Managing Director for seven years and now in the role of Operations Director.

Outside of business Mike enjoys spending time with his wife, children and three granddaughters, as well as cycling and DIY projects around his Edwardian home.

NORD launches toughest industrial gear units

Posted on by Keith McKinley

The overall portfolio of MAXXDRIVE parallel and right-angle gear units from NORD Drivesystems offers high-output torques from 15 to 282 kNm across 11 sizes. In addition to this proven standard series, NORD Drivesystems offers the new MAXXDRIVE XT series with right-angle gear units having a thermally optimised design in seven sizes from 15 to 75 kNm.

In combination with its comprehensive accessories and options programme, the modular system allows for the planning of perfectly matched drive systems for heavy-duty applications like conveyors or agitators.

MAXXDRIVE industrial gear units are used when high output torques and powers are required. In combination with the suitable accessories, MAXXDRIVE provides a technically and economically perfect drive solution for each customer project. MAXXDRIVE industrial gear units are used when high output torques and powers are required. In combination with the suitable accessories, MAXXDRIVE provides a technically and economically perfect drive solution for each customer project.

The comprehensive configuration and mounting options of the MAXXDRIVE industrial gear unit allow for standardised as well as tailor-made drive solutions. The combination of motor, gear unit, coupling and braking system, for example, results in precisely planned complete units that are supplied ready-to-install, mounted on a motor swing base or a base frame. As an alternative, the motor attachment can be realised via an IEC/NEMA adapter.

A large variety of available flange and output shaft versions ensures that the customer’s application is ideally matched. The mechanical and thermal design of all NORD industrial gear units is always based on the existing operating data of the application and on the ambient conditions at the installation site. Thus, the MAXXDRIVE portfolio ensures maximum individualisation, creating drive systems that fulfil the highest demands in terms of reliability and long service life.

Variety of options

Typical MAXXDRIVE applications are drives for conveyor belts, consisting of an electric motor, a coupling solution and an industrial gear unit with axial fan. The primary focus here is on a sufficient heat dissipation to allow for ultimate thermal limit powers. The new MAXXDRIVE XT industrial gear units with their heavily ribbed housings are ideally suited for this purpose. The power and speed ranges of the application-optimised two-stage right-angle gear units have been specially designed for applications in which low speed ranges are required in combination with high powers.

MAXXDRIVE XT series output torques range between 15 and 75 kNm with speed ratios of 6.3 to 22.4. MAXXDRIVE XT industrial gear units are available in seven sizes for powers from 50 to 1,500 kW. Another typical application for this strong range of industrial gear units from NORD includes drives for mixing and agitation processes. By equipping the compact and robust MAXXDRIVE industrial gear unit with reinforced bearing and flange versions (VL2/KL2 – VL6/KL6), the drive can be optimally adjusted to application loads.

Seal-less IEC/NEMA adapters (SAFOMI) and a TRUE DRYWELL sealing at the output shaft allow for highest possible operational reliability. The entire drive system – from NORD electric motors to flange connections – is delivered as a ready-to-install unit, which can easily be mounted vertically on the application.

Networked maintenance concepts

NORD also offers innovative predictive maintenance concepts specially designed for MAXXDRIVE industrial gear units. The NORD frequency inverter is an essential component here. The status data available in the inverter can be communicated to a higher-level control or directly to a safe cloud.

The inverter can also directly record external sensor data for vibration monitoring or for measuring the gear unit’s oil sump temperature. Changes to the system condition can be detected at an early stage (condition monitoring) and predictive maintenance can be scheduled in good time.

Northants jobseekers benefit from free logistics training

Posted on by David Priestman

A group of job seekers from Northamptonshire will be the first people in the UK to benefit from the Prologis Warehousing and Logistics Training Programme (PWLTP) when they take part in a pilot training session for the initiative.

In a week where European Supply Chain Day (15th April) will highlight the importance of the logistics and transport sector, participants in the week-long pilot scheme will receive practical development training and employability skills such as interview technique. All learners will achieve an accredited qualification in International Trade and Logistics Operations and will have access to up to 60 online training courses to further enhance their skillset. 

Prologis is working in partnership with the Supply Chain Open Education Academy (SCOEA) – a Northamptonshire-based enterprise providing education and training for the supply chain sector. The PWLTP will use a combination of online and in-person teaching and learning experiences to enable students to gain the skills, knowledge and competencies required to find and build a career within the logistics sector.

Part of the global Prologis Community Workforce Initiative (CWI), established by Prologis Inc in 2019, the PWLTP is a free digital learning and development programme aimed at training those leaving education and re-skilling the unemployed by equipping them with the knowledge needed to pursue a career in logistics. Globally this programme has an ambitious target of re-training 25,000 individuals by 2025. In the first year alone, Prologis UK aims to put over 700 local people through the PWLTP in Northamptonshire, where the number of people employed in logistics is double the national average.

The PWLTP will also ensure logistics businesses operating on Prologis Parks will have access to an ongoing source of skilled employees for their operations, as part of Prologis’ PARKlife initiative. Once employed by a Prologis’ customer, individuals will benefit from continued support as well as the opportunity to progress through a ladder of National Vocational Qualifications (NVQs).

As a result of the pandemic, UK unemployment currently sits at 5 percent, however, transport and logistics is one of the only sectors actively recruiting. Recent research conducted by Prologis UK suggested that 1 in 2 people believe that logistics workers are perceived more positively now, as people become more aware of the industry’s value. Currently the sector provides 2.6 million jobs – a figure that’s only expected to grow as the e-commerce boom continues.

Tom Price, Capital Deployment and Leasing Associate at Prologis UK, said: “Demand for employees has never been greater across the transport and logistics industry. With UK unemployment rising, the Prologis Warehousing and Logistics Training Programme will enable young people and the unemployed in Northamptonshire to forge a career in the sector, at no cost to themselves.

“This not only brings obvious benefits for the individuals and the local area, but it’s great news for customers on our Prologis Parks, who will have an even larger talent pool to access in future.”

Professor Simon Denny, Director of Customer Experience at the Supply Chain Open Education Academy, said: “The logistics sector is one which has grown exponentially in recent months and offers fantastic opportunities for progression; Prologis’ Warehousing and Logistics Training Programme provides a springboard into this diverse range of career options. Together, we’ve designed a course which focuses on practical training and developing employability skills; it’s all about building competence and confidence in people.

“We are staggered by Prologis’ scale and vision for the Programme; it’s something we’re incredibly proud to be part of and we look forward to seeing the benefits.”

Solomon, PWLTP pilot scheme participant said: “It’s a great feeling to be one of the first people on the Warehousing and Logistics Training Programme – I already feel like I’m ahead of the game as we come out of lockdown.

“The team have been really supportive and talked me through the process; I am confident that the skills and support from the programme is going to help me going forward in my career.”

At time of publication, courses are being held fortnightly, and with social distancing measures in place according to UK Government guidelines.

Pallet storage and pick solution improves efficiency

Posted on by David Priestman

SEC Storage has designed and installed a highly efficient pick and pallet racking storage solution at Midlands-based Nero Pipeline Connections, ensuring improved pick operations through swift replenishment of stock held in the additional pallet locations.

Nero Pipeline Connections is a market-leading distributor of stainless pipeline products and has been specialising in the supply of high-quality pipe fittings and valves for over 30 years, with a broad portfolio of products suitable for commercial and industrial environments.

Its warehouse facility had some existing racking in place which it had steadily expanded as the company grew. However, this offered Nero mainly pick locations and only limited pallet storage capacity. The racking was also only 4m high and, with the building offering 9m of height capacity, it was only utilising 50% of the available storage space.

Nero needed to increase both its pick areas and pallet locations, which would act as replenishment stock for tote locations. The increase to 630 pallet locations designed and installed by SEC Storage comprising adjustable pallet racking with timber decking and anti-collapse mesh, now allows Nero to hold considerably more bulk stock, ready to replenish the 6000+ tote locations for picking, which are situated directly below the pallet racking, as and when required.

The operation benefits from the use of a reach truck for all pallet movements, and the manual pick process has been improved considerably as all stock is front-facing, providing quicker replenishment as well as 100% selectivity with pick options from either side.

The project further benefited from a finance scheme via Systems Finance, which was able to source a favourable, tax-friendly payment option via CBILS (Coronavirus Business Interruption Loan Scheme), a Government scheme provided as a result of the COVID-19 pandemic. This offered attractive terms for Nero, with a strong ROI and one that turned a significant CAPEX project into a manageable, fixed monthly payment scheme.

Darryl Spencer-Hicks, Operations Director at Nero, commented: “Due to the significant ongoing growth of the business, we needed a quick solution to ensure the flow of stock remained unhindered. With this in mind, we contacted SEC to design and project manage the re-racking of the warehouse with the minimalist disruption to Nero. As with any large project, things change and it is how they are dealt with. SEC went to great lengths to rectify any delays and this meant our customers saw no impact on their orders.

“SEC worked alongside Toyota Material Handling to design the racking system to maximise the use of the warehouse space and worked with Systems Finance to deliver a cost-effective finance package with us.”

 

 

SSI Schaefer to create automated warehouse for Dahl

Posted on by David Priestman

Dahl, a leading wholesale and trading companies in plumbing, pipes, ground work, cooling, property and tools, has selected SSI Schaefer as a supplier for its new central warehouse to cover the Swedish market.

The new distribution centre will connect approx. 2,000 suppliers and 36,000 craftsmen with HVAC equipment both through direct delivery to construction sites as well as through Dahl’s 70 stores from Kiruna in the north to Ystad in the south of Sweden.

“The technology at our new site is really pushing the boundaries, we will build an advanced warehouse and we look forward to a highly automated operation that will be located not too far from our current warehouse. This gives us the possibility to retain internal competence,” says Jonathan Mankowitz, Logistics Director at Dahl.

The solution from SSI Schaefer consists of a pallet handling area with a pallet conveying system to transport goods to and from workstations and a High-bay warehouse for storing pallets. Small goods are handled in a 24m-high SSI Flexi shuttle system that will store both totes to supply the piece picking area as well as cartons for palletising. Picking will take place at goods-to-person stations combined with palletising robots to complete orders prior to shipping. The new distribution centre will be located in Bålsta and will replace the current warehouse in Kalhäll as well as some satellite warehouses.

“The greatest challenge was to find the right solution for Dahl due to the wide and special product range and the high demands on ergonomics when handling these products. We have worked together with Dahl as one team from day one and the result is a one-of-a-kind warehouse with a high level of automation and some new and innovative solutions,” says Hans Ekström, Solution Design Manager at SSI Schaefer who is responsible for the project.

The SSI Schaefer system is planned to go live during 2023.

inVia software chosen by merchandising firm

Posted on by David Priestman

Gnarlywood Group, a provider of complete backend merchandising fulfilment solutions for entertainment brands, has selected inVia Logic AI-powered warehouse execution system (WES) software to modernise its warehouse in Carlsbad, California, USA.

The software will bring immediate picking and replenishment productivity gains that will later be increased with the addition of inVia Picker autonomous mobile robots.

Gnarlywood has seen unprecedented growth in demand for its entertainment merchandise and has chosen inVia’s software to bring efficiency to its fulfilment processes. The system will identify the ideal slotting of inventory at all times, direct pickers to follow the most efficient pick paths, and coordinate the movement of all goods, people and equipment to ensure continuous order flow. All of these improvements are part of inVia’s software-only implementation, which it says delivers 2-3x increases in productivity over manual processes.

inVia, a provider of next-generation e-commerce warehouse automation solutions, designed its technology so it can be brought into a warehouse’s operations at a pace that’s right for each individual business. AI-powered software is easily integrated into legacy systems with a proprietary translation tool, inVia Connect. The same intelligence used to direct robots to pick with machine precision can first be applied to an existing workforce to help people operate at peak productivity.

Gnarlywood has chosen to bring the benefits of inVia Logic to its team to immediately ramp up and keep pace with growth. It will later augment that labour with inVia Picker robots as it expands capacity with new mobile fulfilment centres that are ideal sites for mobile robots. This system enables scale and flexibility as e-commerce demand patterns shift over time.

“We needed a technology partner that could deliver immediate productivity gains, as well as a path to full warehouse automation in parallel with our plans for business growth. inVia provides a unique solution that includes the most advanced warehouse technology and the ability for us to integrate it over time with maximum benefit and minimal disruption,” said Dayton Hicks, founder and chief executive officer at Gnarlywood. “We have big expansion plans and want a partner that can ensure we’re always benefitting from the most advanced technology. We knew we found that with inVia.”

Founded in 2012, Gnarlywood manages e-commerce fulfilment for some of the world’s biggest entertainment brands. It manages storage, customisation, value-added services, marketing, and shipping for a variety of products – from apparel to one-of-a-kind memorabilia. The variety of products and services it offers demands a flexible fulfilment process that can handle complexity.

“inVia’s scalable system will dramatically improve Gnarlywood’s order fulfilment productivity and accuracy, enabling their business to keep up with growing customer demand,” said Lior Elazary, co-founder and chief executive officer of inVia Robotics. “The flexible nature of inVia’s system allows for quick implementation and the ability to adapt as business needs change. We’re excited to become a partner to Gnarlywood as their business scales.“

Swiss fragrance expert sets up automated warehouse

Posted on by David Priestman

LUZI fragrance compounds, a Swiss family company that has been making high-quality fragrance components since 1926, is expanding and investing in a new, central office in Dietlikon, near Zürich. Jungheinrich was chosen for the realisation of the automated warehouse and material flow system. The two-aisle in-house rack with 800 rack storage locations offers double-depth storage for two industry pallets per rack space and a maximum pallet weight of 1,400 kilograms.

The completion of the new building, including the 63m-long x 15.8m-wide x 6.7m-high rack facility, is planned for next year (2022). The entire warehouse is designed for a variety of classes of hazardous substances. The areas are separated by fireproof walls and additional sprinklers prevent the spreading of any fire to neighbouring areas of the warehouse. The new facility is special not only because of its high degree of automation, but also its building design. The warehouse is in the basement of the production building. The two aisle-bound stacker cranes, which Jungheinrich supplies in the two-master design, travel in pits to gain storage height.

Jungheinrich is also delivering the conveyor and control technology, including pallet lift, to the Swiss company, which develops fragrances for products in fine fragrance, body care, air care and home care. The automatic pallet lift connects all three floors of the full solution: the automated warehouse in the basement, ingoing and outgoing goods on the ground floor and production on the first floor. The warehouse will run around 220 days of the year and will significantly increase the efficiency of the production supplies.

Steve Richmond, Director of Logistics Systems, commented: “We are thrilled to be implementing an automated warehouse system within LUZI’s new central office in Zurich. The integration of automated warehouse and material flow system will enhance the company’s workflow throughout the entire facility and the deployment of Jungheinrich’s two aisle-bound stacker cranes will support LUZI in gaining additional storage height within the warehouse, further improving efficiency and reducing downtime.”

The material flow for the efficient supply of LUZI’s production with the raw materials from the warehouse is organised by the Jungheinrich Warehouse Control System (WCS). The software optimises the processing of transport orders for the automatic facility, which were transmitted from the customer’s system, to the specified targets.

“LUZI stands for first-class products, high safety and quality standards as well as competent consulting service,” says Jürg Koller, Global CEO. “This is exactly why we chose Jungheinrich as a partner for our new automation solution. Through its expertise in this area, the intralogistics expert has proven over and over that Jungheinrich stands for the same values.”

CEVA Logistics launches FORPATIENTS healthcare sub-brand

Posted on by David Priestman

In an expansion of its support for global healthcare and pharmaceutical customers, CEVA Logistics has launched a new sub-brand to support better patient outcomes through the company’s broad range of healthcare logistics services.

CEVA FORPATIENTS now offers healthcare and pharmaceutical companies end-to-end logistics solutions that place the patient at the centre of the supply chain. As part of the suite of solutions, the company is also introducing a new temperature-sensitive logistics product that will begin service in the second quarter of 2021.

The CEVA FORPATIENTS suite of healthcare logistics now encompasses temperature-sensitive solutions, pharma and biopharma, medical devices, consumer health, hospital and home care, as well as diagnostic and laboratory services.

Centralising its global healthcare offerings under the FORPATIENTS umbrella gives greater visibility of CEVA Logistics’ range of services to its customers and assures them of the central position of the patient. The company is also launching an advertising and social media campaign to show how logistics solutions support common medical procedures and healthcare needs.

In view of better patient outcomes, CEVA’s healthcare solutions address quality, privacy and compliance requirements, including being fully GxP and GDP compliant and meeting all national and international regulatory requirements. The company ensures these areas are managed from pick-up to delivery. Specific regulation and compliance information, as well as additional information about CEVA’s healthcare solutions can be found on the dedicated website www.cevalogisticsforpatients.com.

The new CEVA Logistics’ solution requires investment in temperature-controlled facilities around the world. With the support of its parent company, the CMA CGM Group, a world leader in shipping and logistics, CEVA has committed to operating a network of more than 40 such airfreight stations by the end of 2021. Some of the stations will also offer other services, such as contract logistics support.

In all, the stations will allow CEVA to not only service major healthcare gateways in regional markets, but also to supply more than 1,450 healthcare trade lanes globally. Through the global network, CEVA will welcome a broad range of customer shipments in conjunction with its temperature-sensitive packaging solutions, including active and passive packaging, as well as solutions for out-of-gauge goods.

As part of its product offerings, CEVA will provide leading visibility and monitoring solutions for real-time decisions through embedded location and temperature IoT devices. Information will flow into the company’s award-winning Matrix supply chain management tool, as well as its global control tower technology for 24/7 shipment monitoring. This multi-layered approach ensures shipments are maintained at required temperatures – a major concern for healthcare customers. With vaccine and medicine transport growing globally, CEVA will focus its efforts on the 2- to 8-degree Celsius spectrum of products, including certain COVID-19 vaccines, though the company is capable of supporting customers with products, including vaccines, requiring lower temperatures throughout transport.

In addition, CEVA’s approach includes lane risk assessment, performance and capability management as well as a fully integrated cold chain transportation and storage management solution. The company also provides insight on the sustainability and carbon impact of various routing, packaging and mode of transport choices.

In healthcare and pharmaceutical markets, CEVA already serves more than 500 healthcare and life science companies globally, more than 50 healthcare contract logistics operations worldwide and 20 of the top 30 medical device supply chains. The company recently hosted a webinar titled “Optimizing Healthcare Supply Chains Beyond 2021” where an expert speaker panel explored the global pharma and healthcare industry, analysing how the sector is changing and what the future may hold.

Says Niels Van Namen, executive vice president of CEVA’s Global Healthcare Sector: “Our customers supply the vaccines, medical devices, medication and other support products on which patients around the world depend. For example, diabetic patients should not have to worry about supply chain reliability for their insulin. At CEVA, we’re expanding our temperature-sensitive solutions to ensure that, no matter the logistics challenges faced, patients’ needs are met. Behind every shipment, we see a patient.”

Says Mathieu Friedberg, CEO, CEVA Logistics: “The global healthcare market has seen enormous change over the last year as a result of the pandemic that continues to affect daily life. The pandemic is also combining with the advance of technology and at-home treatment to usher in a new era of healthcare. As an agile logistics provider, CEVA will continue to offer new healthcare logistics solutions for our customers, and ultimately their patients. Today’s new FORPATIENTS sub-brand confirms our commitment as a responsive and reliable supply chain for better patient outcomes.”

40 million sq. ft. of new UK warehouse space in 2021

Posted on by Keith McKinley

The latest research from Knight Frank shows that 40 million sq. ft. of new warehouse space in developments larger than 50,000 sq. ft. is scheduled for completion in the UK during 2021.

This compares to the 20 million sq. ft. completed last year, as long-term strategic planning of retailers in response to ecommerce growth has led to a rise in development activity. Much of this new space is already committed, with retailers and distribution companies opting to satisfy their requirements through build-to-suit solutions.

Vacant warehousing remains tight across the UK, with 46 m sq. ft. of space currently available, which represents 10 months’ worth of supply at current take up levels. However, most of that space is in secondhand units that either do not have the right specification or in the right location. Due to robust levels of take up, the level of availability, particularly of high-quality space, has diminished over the course of 2020 and this is driving development.

In 2020 online sales accounted for 27.9% of total retail sales, and with non-essential shops closed ecommerce penetration rates reached a record 36.3% in January 2021. Retailers and distribution firms have responded by rapidly upscaling their operations by expanding delivery services, and this saw warehouse take up exceed 50 million sq. ft. in 2020, compared to 34 million sq. ft. in 2019.

Even as shoppers return to the high street, the internet will play a larger role in the retail market than it did before the pandemic. Retailers need to embrace omni channel retail to remain competitive. Knight Frank analysis shows that every billion pounds of online sales requires approximately 1.36 million sq. ft. of warehouse space. Online sales rose £34 billion YoY in 2020 and is expected to grow a further £41 billion over the next four years and this growth is driving additional requirements for warehouse space.

Charles Binks, Partner and Head of Industrial & Logistics at Knight Frank, said: “The robust forecast for online retail and increased competition for high-specification and well-located assets is driving development activity. Take-up over the past year has reduced the level of availability and Covid-19 has hampered construction, slowing the delivery of new stock to the market. Supply, particularly of high-quality space, has diminished. The level of occupier enquiries remains strong and many of the requirements logged last year have not been met. However, the availability of land or suitable sites remains a key constraint.”

Claire Williams, Research Associate at Knight Frank, said: “High levels of take up in developments larger than 50,000 sq. ft., and the chronic shortage of quality space, is encouraging both build to suit and speculative development. This is because many of the units currently available don’t offer the right space or the right locations to support the growth of online sales and B2C deliveries. There is a need for more urban warehouse space, located close to the customer, in order to replenish stock in the required timeframes.”

Competition for space will continue to drive rental growth over the next five years, as well as longer average lease lengths. The strongest annual rental growth is expected in London (3.2%), followed by the South East (2.7%) and Eastern (2.7%) regions. Returns for UK industrial and logistics over the next five years are expected to average 7% per annum, outpacing those on offer in other real estate sectors.

Polish logistics hub acquired for €28m

Posted on by Keith McKinley

Aberdeen Standard European Logistics Income PLC (ASLI) has signed a purchase agreement for the previously announced acquisition of a modern logistics and distribution property in Lodz, Poland. ASLI will acquire the asset for €28.0 million, representing a net initial yield of 5.6%, from logistics and industrial developer Panattoni.

The 31,500 sqm Panattoni Lodz City VIII Logistics Centre consists of 27,888 sqm of warehouse space and 3,612 sqm of office space. The asset is 100% leased to six tenants generating a Net Operating Income of €1.59 million and with a Weighted Average Lease Term of 6.7 years.

Tenants at the asset include manufacturers Bilplast, Tabiplast, Mecalit Polska and Alfa Laval, logistics operator EGT Express Polska, retailer KAN, which owns the Polish fashion brand Tatuum, and Compal, one of the world’s largest computer component manufacturers, which signed a new 7-year lease in February 2021 and supplies the DELL factory located less than 1km from the site.

Located at the centre of Poland’s thriving industrial and manufacturing sector, the property is situated adjacent to the Bosch-Siemens Campus, which is a strategically important production and distribution hub for the international manufacturer. The site benefits from access to the Intermodal Container Terminal, created to support the Bosch-Siemens campus, which offers direct rail connections with China.

Lodz is Poland’s third largest city by population and is home to several universities. The Panattoni Park site is highly accessible by local public transport and the A1 and A2 motorways which provide North South, East West access across Europe, whilst Lodz international airport is just 15 minutes away.

Evert Castelein, Fund Manager for ASLI, commented: “The warehouse in Lodz is a very high-quality income producing asset located at the heart of one of the CEE region’s most strategically important manufacturing and logistics hubs. The asset’s proximity to the nearby Bosch Siemens Campus provides strong long-term attraction to occupiers in this supply chain, while the new international railway station and its direct links to China and other European markets provide unrivalled international connections. The Lodz region is in high demand from occupiers and the vacancy rate is one of the lowest in Poland.

“We believe strongly in Poland’s growth prospects and are pleased to be making our third acquisition in the country, and to have secured this asset at an attractive yield in a competitive logistics market. We are actively pursuing deals in the wider region and whilst the demand for logistics property has led to further yield compression, particularly in core markets, the overall return prospects for investors in this sector are expected to remain strong as operators continue to seek additional capacity and the reshoring of operations from overseas gathers pace.”

Cushman & Wakefield advised Aberdeen Standard European Logistics Income PLC.

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