FILE PHOTO: A logo of the Amazon fulfillment is seen outside the Amazon fulfillment center in the village of Dobroviz, near Prague, Czech Republic, December 20, 2018.REUTERS/David W Cerny/File Photo
PRAGUE: Online retailers racing to build warehouses in central Europe are propelling the region's real estate market to new heights and Asian investors on the hunt for higher yields are getting in on the act.
Short distances to customers in bigger markets such as Germany, cheaper labour costs and good transportation links all helped attract a record €2.8bil (RM12.92bil) of investment into the region's warehousing market last year.
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