Voestalpine doubles down in Istanbul: Austrian steel firm Voestalpine has secured a EUR 41 mn contract to deliver a high-bay automated warehouse in Istanbul by 2027, according to a press release published last week.

Built tall on purpose: The project includes a high-bay warehouse and an automated small-parts miniload system, with the structure rising to nearly 40 meters and spanning 222 meters in length and 86 meters in width.

Why vertical matters: Land constraints are tightening in major urban centers like Istanbul. The project underscores a broader shift away from horizontal warehouse sprawl toward high-density, vertically integrated storage –– a move increasingly paired with automation to maximize throughput per sqm.

Istanbul’s warehouse market has been tightening: Prime logistics rents in Istanbul rose18.8% in 1Q 2024, adding more incentives to invest in vertical storage builds and automation.

Efficient high-bay warehousing is an area of specialty for Voestalpine, which recently completed two 45-meter-high high-bay warehouses for JYSK’s distribution center in the Netherlands. It is also executing a 30-meter fully automated pallet racking system for a UK retailer.

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