BTS warehouses are very popular with logistics companies and retailers, and e-commerce in particular, where time is of the essence. That’s why locations with convenient transport connections and proximity to motorways or expressways are clearly favoured. Jakub Kurek, Head of Industrial and Warehouse at Newmark Polska described the advantages and challenges of BTS facilities in the warehouse market.
Panattoni has completed an investment in the Warminsko-Mazurskie province. Almost all of Panattoni Park Elbląg's space has been leased to Flex, a global supplier of equipment and technology. The facility is also used by the courier network DPD Polska.
Industrial and logistics developer CTP has announced the expansion of CTPark Bucharest South through the construction of a new warehouse set to almost double the total leasable area of the project to around 150,000 sqm.
The Slovak industrial market slowed down slightly due to still rising energy prices and other costs. Developers are more cautious with new constructions and so are foreign investors. This will give an opportunity to local developers and larger companies with a stable background. At the beginning of 2023, 108 Agency Slovakia expects a cooling down of the market.
In Q3 2022, the Czech industrial market grew at a faster pace than at any time previously, adding 511,100 sqm of new modern industrial space to the market. The market stock overtook the level of 10.65 million sqm, further expanding after breaking the 10 million sqm milestone in H1 2022. The vacancy rate decreased to 0.99% for the first time in recorded history, plunging the national average just below 1% of all available space on the market, says Colliers.
C. Hartwig Gdynia, a leading Polish freight forwarding company of the global Rhenus Group, has expanded its lease to occupy a total of 16,100 sqm of warehouse and office space in the Pomeranian Logistics Centre. The tenant was represented during lease negotiations by real estate advisory firm Newmark Polska.
Panattoni Park Teplice South in the industrial zone in Hostomice has reported full occupancy. The last vacancies in the Panattoni Park Teplice South complex will be filled by international logistics companies Maersk, Raben and the manufacturing company Exyte. The park was developed by Panattoni with Accolade as the investor.
Panattoni has purchased a huge plot in Ruda Śląska in Upper Silesia. The building permit acquired allows for the construction of a park with a total area of 65,000 sqm. The development is to be built in the direct vicinity of the A4 motorway, 15 km from the A1.
German company Diehl Controls, a high-tech manufacturer, has leased 18,000 sqm in CTPark Brașov for a research and development centre as well as a production facility. This is the first tenant attracted by CTP in the new project spanning 50,000 sqm that will be completed in the second half of 2024.
Signify is relocating its existing headquarters in Lódź. The new office, located in the city centre in the Hi Piotrkowska complex, has an area of over 2,800 sqm. The tenant was assisted in the signing of the contract and the process of arranging the new office by the consulting firm CBRE.
Magwise Medical Centre is a new tenant of the Wola Retro office building in Warsaw owned by Develia. The clinic, which specialises in mental health, has taken nearly 390 square metres of space on the ground floor of the building.
Logistics company Fiege will lease approximately 5,000 sqm in the ONE industrial park in Lovosice built by Cromwell Property Group. The transaction was arranged by Matěj Indra, head of the industrial department at 108 Agency Czech Republic.
Lucia Niculae has been appointed Business Development Director of Romanian construction company Pedro Construct. She has been an investor since 2018 and currently manages her own property portfolio.
108 Agency promoted Matej Indra to Head of Industrial Agency for the Czech Republic.
Michał Ozimek has joined the Valuation department at Corees Polska - Commercial Real Estate, taking up the position of Senior Valuation & Investment Analyst. Working in the agency's Warsaw branch, he will be responsible for supporting processes related to the development of property valuations.
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