ARTICLES IN Industrial TOPIC

25
May
2020

COVID-19 could increase demand for BTO logistics projects

by Property Forum
The COVID-19 pandemic caused chaos across the global economy. Within the commercial real estate market, logistics has weathered this storm better than other sectors, allowing planning of new developments to gradually resume following price corrections. Changes in financing conditions for real estate development may alter the new supply structure, with a likely increase in demand for BTO (build to own) and BTS (build to suit) development projects and a decline in speculative schemes, according to advisory firm Axi Immo.
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25
May
2020

DIY retail group leases 25,000 sqm from P3 in Lovosice

by Property Forum
DIY retail group XLMX, the company that controls furniture stores KIKA, Möbelix and XXXLutz, has leased 25,000 sqm in P3 Lovosice, located between Prague and the Czech-German border. The new hall will serve as a central warehouse for stores in the Czech Republic and other European markets.
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21
May
2020

7R builds BTS eco warehouse in Silesia

by Property Forum
The construction of the first warehouse in accordance with 7R’s new 7R Green eco-concept is underway. The facility is being built in the BTS formula for logistics operator No Limit in the 7R Park Sosnowiec complex in Sosnowiec, Poland. The green solutions applied in the project will help to minimize No Limit’s environmental impact.
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21
May
2020

2.2 million sqm of warehouse space under construction in Poland

by Property Forum
According to the latest Cresa Poland report, the first quarter of this year recorded very positive results for the warehouse and industrial market. Total stock at the end of the quarter exceeded 19 million sqm – an increase of 16.2% as compared to the corresponding quarter of 2019.
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20
May
2020

Panattoni leases 12,000 sqm in Warsaw park

by Property Forum
Logistics operator DSV Solutions will take up close to 12,000 sqm at A2 Warsaw Park – the largest warehousing/manufacturing complex in the Warsaw region. The tenant will move into the building next November, after being given early access in July. DSV Solutions will use the leased space to conduct logistics operations for the fashion industry.
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20
May
2020

Online retailers to drive logistics demand for 2-3 years

by Property Forum
Retailers active in grocery, healthcare, consumer and diversified products will lead a sharp rise in demand for logistics real estate in the next two to three years as industries across the board implement lessons learned from the COVID-19 pandemic and adapt their supply chains to the “new normal”, Prologis predicts in a new research report.
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19
May
2020

Element Industrial launches proximity storage business line

by Property Forum
Element Industrial announced the launch of Eli Xpress, a new line of business based on the concept of proximity storage. Eli Xpress warehouses will offer areas between 6,000 and 12,000 square meters and will be located close to large cities, or even inside cities.
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19
May
2020

Global Vision starts new development near Bucharest Airport

by Property Forum
Romanian developer Global Vision has launched the developments of a new logistics park near Henri Coanda International Airport in Bucharest. Bucharest Airport Park will offer 13,520 sqm of space in two warehouses. The complex is being built on a 35,000 sqm land parcel, which the developer purchased last year for more than €5 million.
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18
May
2020

Panattoni to build 50,000 sqm BTS factory in Silesia

by Property Forum
Panattoni will build a dedicated facility for Weber, US manufacturer of grills and accessories. The 50,000-square-metre BTS (built-to-suit) facility will be developed in Zabrze and the tenant will move into in August 2021.
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14
May
2020

Panattoni and DH Capital complete €18 million project in Łódź

by Property Forum
Panattoni, in a joint venture with DH Capital, finalised the development of Panattoni Appliance Park worth €18 million. The 30,000 sqm park was delivered at Europe’s largest logistics complex – Central European Logistics Hub.
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