sign in sign up
<<
Home , Baltica, Rail Baltica

MARKET TRENDS & REPORTS

Rail Baltica PROJECT OF THE CENTURY

By Valdis Ligers, SIOR; Frédéric Schneider, SIOR; and Bjarne Bauer, SIOR

he progressive global tendency a closer look at the globalization of the to lean towards greener thinking production, logistics and transportation Tis undeniably the new black. One fields, we see how become of the most progressive, significant borderless and easy to reach. inter-regional infrastructure projects in right now is Rail Baltica. This is s one of the top priority transport not just a philanthropic way of thinking— projects of the this may bring a great and attractive A(EU), the Rail Baltica will integrate portion of fortune to CRE professionals the Eastern Baltic Sea into the doing business by helping clients execute European continental rail network, and their real estate and related business will be built using the most up-to-date plans all around the . technologies and materials—some of which are still in the process of Rail Baltica: The Missing elaboration, standardization, and/or Puzzle Piece of the Connected early stages of commercialization. New Europe and intermodal freight terminals will be built in each of the Baltic countries to allow he ongoing globalization may be for faster and more efficient transfer of compared to an avalanche. What containerized and other types of cargo Tstarted as a tiny snowball at the top between different transportation modes. of the mountain has become a massive Railway stations will represent the latest movement covering everything. If we take developments in the area of multimodal

8 | SIOR Report Spring 2020 | 9 Photo by RailBaltica.org "Role of Rail Baltica in Global Freight Movement"

passenger terminals connecting growing interest in further cooperation “As one of the leading economic countries conveniently different urban, regional, from the EU countries that are not in Europe, one of the most important and long-distance services with car and directly involved in the Rail Baltica factors in maintaining and promoting bike parking, shopping, and recreation project. For instance, on Aug. 20, 2019, a exports and imports for Germany areas. visit of the Logistics Alliance Germany— is the expansion and improvement representing major German logistics of contact and logistics modes with he multimodal transport corridor companies—along with Steffen Bilger our neighboring countries. The Rail project involves four countries (MP), Parliamentary State Secretary Baltica project is a great opportunity to Tof the EU: , , to the Federal Minister of Transport strengthen and promote trade relations , and . Once the Rail and Digital Infrastructure and Federal covering Germany, Benelux, France, UK, Baltica project is executed, however, Government Coordinator for Freight Poland, Baltics and further to East and an unprecedented scope of Europe and Transport and Logistics, was held in North in a foreseeable future.” Eurasia connection will arise. Not only the Rail Baltica office in , Latvia. will the project provide fast and easy The main goal was to discuss possible Therefore, given the need to merge the access from in the North to the modes of cooperation between both cross border infrastructure together, biggest cities and ports in the Western sides in terms of logistics, with a focus to meet and even exceed the needs Europe via the North Sea—Baltic TEN-T on freight transport. The Rail Baltica of our clients—local, international Core Network Corridor—but it will also project is expected to significantly save manufacturing and logistics operators, become a significant hotspot in the time, create jobs, and rise quantifiable any kind of CRE business representatives connecting the furthest benefits of €16.2 billion, supporting and end-users—the idea of the Rail fast-speed railway destinations of the businesses parallel to railroad itself. At Baltica Corridor Alliance was born. Eastern to the Western Europe. least two-thirds of which may potentially NEXTRE Rail Baltica Thereby, the project of Rail Baltica will be serviced by the Rail Baltica Corridor Corridor Alliance become the one of the most historic Alliance. transnational transport projects of its he NEXTRE Rail Baltica Corridor time, discovering a whole new era. Michael Riekert, senior consultant Global Alliance is a unique project-based Corporate Services of NAI Apollo Group and cross-border union that brings The notability of this project may also be from Frankfurt am Main, Germany T together the best CRE professionals, underlined by the steady attention and expressed:

10 | SIOR Report both regionally and globally. The vision his is certainly one of the most of the NEXTRE Rail Baltica Corridor ambitious projects in Europe Alliance is to identify and facilitate the “Tconnecting the Baltic countries creation and development of satellite with Western Europe,” says Frédéric real estate businesses servicing Rail Schneider, SIOR, partner of Carter Jonas Baltica intermodal and multimodal hubs, UK, and the first Ambassador of NEXTRE and to connect and adhere it to any other Rail Baltica Corridor Alliance for the UK. related businesses within the corridor and beyond. Now is the time and place to take action and get involved in the project of the In order to help multinational tenants century. to identify opportunities in upcoming locations which provide an attractive cost structure, the NEXTRE Rail Baltica Corridor Alliance would meet their real MEET THE AUTHORS estate needs and support their overall profitability and business success. Valdis Ligers, SIOR, is the director of “Clients appreciate when they are Baltic Operations at NAI Baltics, and supported not only in their home market a founding member of NEXTRE Rail but in markets all around the world,” said Baltica Corridor Alliance. He can be Bjarne Bauer, SIOR, managing partner, contacted at [email protected] / NAI Sofia Group in Shanghai, China. +37129.47.33.00.

The NEXTRE Rail Baltica Corridor Alliance Frédéric Schneider, SIOR, is a partner gives its members and ambassadors an at Carter Jonas in London, and an exclusive and unparalleled opportunity ambassador for NEXTRE Rail Baltica to be in the heart of the project by Corridor Alliance. He can be contacted becoming the significant link binding all at [email protected]. parties, including landlords, investors, developers, and the end-users from all Bjarne Bauer, SIOR, is a managing over the world. Therefore, the main goal partner at NAI Sofia Group in of the Alliance is to provide the necessary Shanghai, and an ambassador for professional support, information, and China for NEXTRE Rail Baltica Corridor communication to make this interaction Alliance. He can be contacted at beneficial to all parties. [email protected].

“This is certainly one of the most ambitious projects in Europe connecting the Baltic countries with Western Europe..."