ARTICLES IN Industrial TOPIC

06
Dec
2018

Prologis commits to address climate change

by Property Forum
Prologis has committed to a science-based target (SBT) to address the urgent action needed to curb climate change. Led by the Science Based Targets Initiative (SBTi), SBTs are an internationally recognized approach for helping companies create science-based goals for reducing GHG emissions.
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06
Dec
2018

CTP hits 5 million sqm milestone in CEE

by Property Forum
CTP announced reaching the 5 million sqm lettable milestone this month. The company has developed a portfolio of strategically located business parks over the past 20 years located throughout Central Europe with 95% occupancy, creating approximately €280 million of rental income for 2018, with over 415 tenants employing over 60,000 people in a variety of industries, manufacturing, R&D, logistics, distribution and e-commerce across 8 countries.
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26
Nov
2018

Poland’s warehouse market to grow by 2 million sqm

by Property Forum
In the third quarter of 2018, the Polish warehouse market was bolstered by 683,400 sqm of new supply. At the end of September, storage space in Poland exceeded 15 million sqm, which means that in the last 5 years the total surface volume has doubled. Almost 2 million sqm remains under construction, of which more than 25% in Central Poland.
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26
Nov
2018

Prologis Park Wrocław V under further development

by Property Forum
Prologis has started development of a new 16,700 square meter facility at its fully occupied Prologis Park Wrocław V. The company has already signed the first pre-lease agreement for 6,000 square meters in the new building with a logistics operator in the aviation industry.
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26
Nov
2018

Poland’s industrial market continues to do well

by Property Forum
Poland's industrial sector remains in great shape. Up to 2.8 million sqm of space was leased and 1.3 million sqm delivered to market from the beginning of January to the end of September 2018. Nearly 2.1 million sqm of industrial space remains under construction, according to JLL.
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21
Nov
2018

Warehouses in Central Poland attract robust interest

by Property Forum
According to Cresa’s latest report, the vacancy rate on Poland warehouse market is at a record low of 4.3% at the end Q3 2018 (down by 0.9 pp compared to September 2017). With new supply continually on the rise, Poland’s warehouse and industrial stock has already surpassed the 15 million sqm mark.
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21
Nov
2018

Poland’s warehouse market set to break further records

by Property Forum
Excellent warehouse market figures for the third quarter this year show that growth is being maintained in Poland. Demand has exceeded 3 million sqm since the beginning of the year, with 870,000 sqm leased in the third quarter alone. This result is 20% higher compared with the same period last year. An impressive 2.16 million sqm of warehouse and production space is under construction, of which 33% will be delivered on the market by the end of the year, according to a report prepared by AXI IMMO.
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12
Nov
2018

Panattoni Europe to build hi-tech industrial zone in Pilsen

by Property Forum
Panattoni Europe plans to transform the former Škoda Plzeň complex in the Borské terasy area in Pilsen into a modern technological centre. The extensive 28-hectare brownfield is currently empty, but it has great infrastructure and is well connected to the surrounding industrial plants. Panattoni Europe’s plans are in line with the current development strategy of the city of Pilsen and are currently undergoing an EIA environmental impact assessment. The total amount of investment is estimated at more than €77 million (CZK 2 billion).
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09
Nov
2018

New locations emerge in Romania’s industrial market

by Property Forum
Romania's industrial and logistics market is currently benefitting from its best period in history, both in terms of supply and demand, with development being condensed in a number of large cities with access to at least one highway that facilitates the transport and distribution of goods in a shorter time and with lower costs to a larger number of customers.
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06
Nov
2018

Zacaria Group to develop €28 million industrial park in Craiova

by Property Forum
Romanian developer Zacaria Group will invest €28 million in a business park in the city of Craiova. OTP Bank Romania will provide financing for the 53,000 sqm project.
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