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At a GRI Club Meeting on "Logistics and Warehouse Real Estate” a few weeks ago, the investors, managers and operators discussed the future of this field and how technology and automation can impact the sector, the sustainability of the supply chain and the complexity of funding this new wave in logistics.\u003Cbr \u002F>\r\n\u003Cbr \u002F>\r\nOne of the speakers, \u003Cstrong>\u003Ca href=\"https:\u002F\u002Fwww.griinstitute.org\u002Fmember-profile\u002Freal-estate\u002Feurope\u002Fedmond-leahy_29473\" target=\"_blank\">\u003Cspan class=\"data-profile-link\" data-id=\"29473\">Edmond Leahy\u003C\u002Fspan>\u003C\u002Fa>\u003C\u002Fstrong>, Head of Estates at \u003Ca href=\"https:\u002F\u002Fwww.griinstitute.org\u002Fcompany-profile\u002Freal-estate\u002Fevri_14603\" target=\"_blank\">Evri\u003C\u002Fa>, a delivery company based in the UK, talked about investments in IT and new delivery models, mainly for the last mile.\u003Cbr \u002F>\r\n\u003Cbr \u002F>\r\n\u003Ca href=\"https:\u002F\u002Fwww.griinstitute.org\u002Fevent\u002Freal-estate\u002Fgri-light-industrial-logistics_3850?utm_source=hub&utm_medium=text&utm_campaign=Europe_Industrial_logistscs_marie\" target=\"_blank\">\u003Cimg alt=\"GRI Light Industrial & Logistics\" src=\"https:\u002F\u002Fcdn.griinstitute.org\u002Fuploads\u002Ffiles\u002F[ILEU22]_Weekly_banner_2022_11_09_18_11_14_1668017474.jpg\" style=\"width:100%\" \u002F>\u003C\u002Fa>\u003Cbr \u002F>\r\n\u003Cbr \u002F>\r\n“We invested 11 million pounds in an internationalisation strategy”, explained \u003Cstrong>Leahy\u003C\u002Fstrong>. His company now operates in 220 countries around the world, with the aim of reducing 20% of energy consumption per parcel by 2030. They work in the first, middle and last mile, with more than 450 solutions for companies and consumers.\u003Cbr \u002F>\r\n\u003Cbr \u002F>\r\nA takeaway from his speech is that automation, along with sustainability, is the main thing companies should focus on in the future. With that, they can be prepared and reduce operational costs.\r\n\u003Ch3>Technology from the landlord’s side\u003C\u002Fh3>\r\n\u003Cstrong>\u003Ca href=\"https:\u002F\u002Fwww.griinstitute.org\u002Fmember-profile\u002Freal-estate\u002Feurope\u002Fjan-hempel_29356\" target=\"_blank\">\u003Cspan class=\"data-profile-link\" data-id=\"29356\">Jan Hempel\u003C\u002Fspan>\u003C\u002Fa>\u003C\u002Fstrong>, Managing Director at \u003Ca href=\"https:\u002F\u002Fwww.griinstitute.org\u002Fcompany-profile\u002Freal-estate\u002Fgarbe-industrial-real-estate-gmbh_741\" target=\"_blank\">\u003Cspan class=\"company-profile-link\" data-id=\"11663\">Garbe Industrial Real Estate\u003C\u002Fspan>\u003C\u002Fa>, spoke about how his company works mostly with “the empty shell” that delivery companies will use to install their technologies.\u003Cbr \u002F>\r\n\u003Cbr \u002F>\r\n“But obviously, as a developer, we quite welcome our tenants to build in as much technology because it keeps our investment stable due to its tendency to last longer with larger contracts”, explained \u003Cstrong>Hempel\u003C\u002Fstrong>.\u003Cbr \u002F>\r\n\u003Cbr \u002F>\r\nAbout new facilities, \u003Cstrong>Hempel\u003C\u002Fstrong> said: “And I think it’s a fact to say that the buildings of modern logistics are sort of designed around the technology and not the other way around.”\r\n\r\n\u003Ch3>New facilities, new jobs and profit\u003C\u002Fh3>\r\nEvri has recently opened a new facility for the first mile, with the capacity to process 1.3 million parcels per day. The highly automated facility is expected to expand to 2 million parcels per day by 2025 in phase two.\u003Cbr \u002F>\r\n\u003Cbr \u002F>\r\nAlthough hiring has been a problem for a lot of UK companies, \u003Cstrong>Leahy\u003C\u002Fstrong> affirms that they did not have a problem with that. About the 1400 new jobs created with this newly opened UK facility, he said, “We managed to fill the open positions easily and with very qualified people”.\u003Cbr \u002F>\r\n\u003Cbr \u002F>\r\nThe building has 34,000 m², a 20-year lease with a construction company, and an investment of 60 million pounds.\u003Cbr \u002F>\r\n\u003Cbr \u002F>\r\n“With the parcel rates, we should have a profit. But this building also gives us additional capacity to be able to market ourselves to other customers as well, with big contracts”, said \u003Cstrong>Leahy\u003C\u002Fstrong>.\r\n\r\n\u003Ch3>The last mile challenges in urban centres\u003C\u002Fh3>\r\n\u003Cstrong>\u003Ca href=\"https:\u002F\u002Fwww.griinstitute.org\u002Fmember-profile\u002Freal-estate\u002Fbrazil\u002Fthiago-cordeiro_1267\" target=\"_blank\">\u003Cspan class=\"data-profile-link\" data-id=\"1267\">Thiago Cordeiro\u003C\u002Fspan>\u003C\u002Fa>\u003C\u002Fstrong>, Co-Founder & CEO of \u003Ca href=\"https:\u002F\u002Fwww.griinstitute.org\u002Fcompany-profile\u002Freal-estate\u002Fgoodstorage_636\" target=\"_blank\">GoodStorage\u003C\u002Fa>, explained that in 2013, after 3 years of focusing on B2C, they turned to B2B.\u003Cbr \u002F>\r\n\u003Cbr \u002F>\r\n“We realised there was a gap between what you offer in general warehouse solutions in the neighbourhood and the bulk where the boat warehouse is, something like 30 miles away from the city centre, more like the big warehouses as we know them”, explained \u003Cstrong>Cordeiro\u003C\u002Fstrong>. “So we started to look at this lack of urban infrastructure and basically discovered that it was a zoning problem.”\u003Cbr \u002F>\r\n\u003Cbr \u002F>\r\nAccording to him, some areas were designed for residential purposes, so the prices were too high for developing a warehouse downtown. “There was a general consensus that companies would not pay the rent price for these units around the city”, said \u003Cstrong>Cordeiro\u003C\u002Fstrong>.\u003Cbr \u002F>\r\n\u003Cbr \u002F>\r\nGoodStorage understood that it was necessary to be near the city centres, not only because of e-commerce pressure but also for other services. And the pandemic has put a spotlight on this last-mile matter.\u003Cbr \u002F>\r\n\u003Cbr \u002F>\r\n“Brazil is still behind Europe at this point, and ESG matters for buildings”, said \u003Cstrong>Cordeiro\u003C\u002Fstrong>. “And automation per se is going to be the next step. I see the automation happening faster around the cities, not closer in downtown, but it will naturally be the next step.”\u003Cbr \u002F>\r\n\u003Cbr \u002F>\r\nThese points were addressed by real estate leaders at the Club Meeting. To be part of those discussions and be side-by-side with the most prominent names in the global real estate market, \u003Ca href=\"https:\u002F\u002Fwww.griinstitute.org\u002Fevents\" target=\"_blank\">see our next events and be part of \u003Cspan class=\"company-profile-link\" data-id=\"1\">\u003Cspan class=\"company-profile-link\" data-id=\"13404\">\u003Cspan class=\"company-profile-link\" data-id=\"14827\">GRI Club\u003C\u002Fspan>\u003C\u002Fspan>\u003C\u002Fspan>\u003C\u002Fa>.\u003Cbr \u002F>\r\n\u003Cbr \u002F>\r\n\u003Cspan style=\"color:#777777\">Written by \u003Cstrong>\u003Cspan class=\"data-profile-link\" data-id=\"28469\">Gabriela Colicigno\u003C\u002Fspan>\u003C\u002Fstrong>\u003C\u002Fspan>\u003Cbr \u002F>\r\n ","2022-11-09T14:54:41.000Z","2022-11-09T15:25:40.000Z",{"code":13},{"id":25,"color":27,"translations":1471},[1472,1474,1476],{"title":26,"slug":30,"language":1473},{"code":13},{"title":37,"slug":38,"language":1475},{"code":18},{"title":33,"slug":34,"language":1477},{"code":23},[1479,1487,1495],{"id":320,"label":321,"translations":1480},[1481,1483,1485],{"label":321,"slug":332,"language":1482},{"code":13},{"label":335,"slug":336,"language":1484},{"code":18},{"label":339,"slug":340,"language":1486},{"code":23},{"id":475,"label":476,"translations":1488},[1489,1491,1493],{"label":476,"slug":487,"language":1490},{"code":13},{"label":490,"slug":491,"language":1492},{"code":18},{"label":494,"slug":495,"language":1494},{"code":23},{"id":132,"label":133,"translations":1496},[1497,1499,1501],{"label":133,"slug":144,"language":1498},{"code":13},{"label":147,"slug":148,"language":1500},{"code":18},{"label":151,"slug":152,"language":1502},{"code":23},[1504],{"name":1505,"enName":1505,"ptName":1505,"iso2":8},"All",[],{"en":1508},"\u002Freal-estate\u002Fhow-does-automation-impact-the-logistics-sector_1910",[1510,1511,1512,1513,1514,1515],"Infra Brazil","Infra Latam","Real Estate Brazil","Real Estate Europe","Real Estate India","Real Estate Latam"]