ARTICLES IN Industrial  TOPIC

News MLP starts construction of new BTS facility near Poznań
18
Mar
2024

MLP starts construction of new BTS facility near Poznań

by Property Forum
MLP Poznań witnessed a foundation stone laying ceremony for a new project to be developed for HAVI Logistics. Once completed, the new facility – comprising 16,000 sqm of space – is scheduled for handover at the beginning of the second half of 2024. The project contracted to WPIP Construction, will undergo a BREEAM New Construction certification of ‘Excellent’.
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News Panattoni hands over keys to new Maxcess factory
15
Mar
2024

Panattoni hands over keys to new Maxcess factory

by Property Forum
Panattoni has completed and handed over the main European production facility of 13,000 sqm for Maxcess, an industrial automation system producer. 
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News Polish industrial market slows down, but remains strong
15
Mar
2024

Polish industrial market slows down, but remains strong

by Property Forum
After the very successful years of 2021 and 2022, known as the golden period of development of the industrial market in Poland, 2023 was a period of greater challenges due to a change in the macroeconomic situation. The main reasons were high inflation, which affected the purchasing power of consumers, persistently high-interest rates, and uncertainty over the eastern border. The market grew, but at a slower pace, especially in the first half of the year, to accelerate at the end of 2023. Development activity in January-December 2023 amounted to 3.7 million sqm (-16% y/y), and as a result, the sector's total stock rose to 31.7 million sqm (+13% y/y). Another 2.8 million sqm (-16% y/y) remains under construction, about half of which is not under signed lease. Gross take-up (which does not include short-term leases) amounted to 5.6 million sqm, and despite a lower result versus 2021-2022, it was significantly higher than in the pre-pandemic period, i.e., 2018-2019, says Axi Immo. 
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News Bucharest sees fewer industrial lease deals in 2023
13
Mar
2024

Bucharest sees fewer industrial lease deals in 2023

by Property Forum
Around 38% of industrial rental demand came from Bucharest in 2023, down from 48% the previous year, according to Colliers data.
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News CTP launches new construction in Rzeszów
13
Mar
2024

CTP launches new construction in Rzeszów

by Property Forum
CTP is starting construction of its first manufacturing and logistics complex in the Podkarpackie region. In Rzeszów, it will build a complex of two facilities with a total leasable area of nearly 50,000 sqm. This will be the company's 16th investment in Poland and the first phase of the project is scheduled for completion in Q3 of this year. 
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News CTP names new Business Development Director in Romania
11
Mar
2024

CTP names new Business Development Director in Romania

by Property Forum
Industrial developer CTP has appointed Andrei Brînzea as Business Development Director in Romania as part of its growth strategy in the country.
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News Accolade records annual rental income increase of 26% in 2023
07
Mar
2024

Accolade records annual rental income increase of 26% in 2023

by Property Forum
Industrial developer Accolade published its year-end results for 2023. Despite lower construction activity across the market overall, Accolade’s total lease volume remained the same as 2022 thanks to renegotiations. Accolade either leased or extended the lease of existing agreements for 555,000 sqm worth of properties (of which 168,000 sqm is part of the fund’s portfolio). Furthermore, total rental income grew by 26% to €148 million (with nearly €100 million falling under the fund’s portfolio) over the course of last year. By expanding into Croatia, 2023 also saw Accolade further grow its operation through the addition of another European country.
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News CTP net rental income up 20.1% in 2023
07
Mar
2024

CTP net rental income up 20.1% in 2023

by Property Forum
Industrial developer CTP recorded a 20.1% gain of net rental income to €543.2 million in 2023 compared to the previous year over a combination of indexation and reversion on renegotiations and expiring leases.
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News Jysk's logistics centre to serve 6 CEE countries from Hungary
04
Mar
2024

Jysk's logistics centre to serve 6 CEE countries from Hungary

by Property Forum
The country's largest distribution facility was opened in 2022 and offers 143,000 sqm of industrial space on the outskirts of Budapest.
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News CTP lets 60% of new addition to CTPark Prague North
04
Mar
2024

CTP lets 60% of new addition to CTPark Prague North

by Property Forum
CTP has signed three key ten-year leases in its most sustainable industrial park near Prague, comprising more than 60% of a new 32,000 sqm building that will be delivered by the end of Q2 2024 at CTPark Prague North.
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Latest news


New leases

  • Hexing Technologies Europe has leased 8,000 sqm for a new production plant in Globalworth Timisoara Industrial Park I. The lease deal was brokered by CBRE.
  • Eolus Poland, a renewable energy developer from Sweden, will become one of the tenants of LIFE Building. It will soon occupy nearly 300 sqm of the office building located in Warsaw's Wola district.
  • Polcast Media group, the owner of Polonia 1 TV, has signed a lease for approximately 500 sqm of office space at Trinity One in Warsaw. Located in Warsaw's Służewiec district, Trinity One is part of Revetas Capital's portfolio.

New appointments

  • Avison Young has named Adrian Crizbășianu, former executive at DB Schenker and VGP, as the new Head of Industrial & Logistics Agency. He has an extensive background in logistics and real estate spanning over 25 years.
  • Katarzyna Uzar joins the Valuation and Advisory team at Avison Young in Poland to take on the position of Assistant Valuer. She will support the team in creating offers and letters of appointment for valuation and will help property valuers throughout the valuation process.
  • Bartosz Chrostowski, an expert with almost 10 years of experience in commercial property, has joined real estate advisory firm Savills as an Associate Director of the landlord representation team of the office agency led by Daniel Czarnecki.

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