ARTICLES IN Industrial TOPIC

28
Oct
2021

Wing’s Budapest industrial project reaches 100% occupancy

by Property Forum
Wing launched the development of Hall D3 in East Gate Business Park to respond to distinct market needs reflecting increasing demand and increasing interest in the park. The hall, with a total area of over 9,000 sqm nearly 20% of which is office space, has now reached a 100% occupancy rate. This speculative investment project caters to tenants with production, manufacturing and complex, special warehousing needs.
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28
Oct
2021

Speedwell launches first industrial project in Bucharest

by Property Forum
Property developer Speedwell says it secured the building permit for its first industrial project located in north-western Bucharest. The development of the first warehouse under the Spaceplus brand will start in the next period and should be completed by the second quarter of 2022. It will have a total leasable area of 10,000 sqm. Leasable storage space ranges from 400 to 600 sqm. 
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28
Oct
2021

CTP to complete Hradec Králové complex in spring 2022

by Property Forum
CTP has obtained all the necessary permits for the completion of two industrial halls on the outskirts of Hradec Králové. Construction can resume in November this year, tydenikhrot.cz reports.
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27
Oct
2021

Budapest’s industrial market records strong demand

by Property Forum
Total demand on the Budapest industrial demand amounted to 143,530 sqm in Q3 2021, indicating a 19% decrease year-on-year, according to the BRF’s latest industrial market snapshot.
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25
Oct
2021

Highest achievable industrial rent in Prague might reach €6.00 soon

by Property Forum
Prime headline rents have increased slightly to a new level of €5.20 sqm/month in the Czech Republic and €5.50 sqm/month in the Greater Prague region during Q3 2021. The Industrial Research Forum published its fresh industrial market figures.
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25
Oct
2021

Panattoni partners with AliExpress for first CEE fulfilment centre

by Property Forum
Panattoni has been chosen by Alibaba's logistic arm Cainiao to support AliExpress, the global online marketplace part of Alibaba Group, visited by hundreds of millions of shoppers each month. Its warehouse of over 10,000 sqm in Panattoni Park Łódź West will be devoted to servicing AliExpress sellers. The facility will serve as a fulfilment centre for AliExpress merchants shipping products directly from Poland and is the first major investment in fulfilment infrastructure made to support AliExpress merchants serving the Central & Eastern European Region. The centre will also play a strategic role in the company’s deliveries to the Czech Republic, Slovakia, Germany, and Austria. 
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22
Oct
2021

Industrial joint venture worth €90 million launches in Romania

by Property Forum
Element Industrial Founder Ionuț Dumitrescu and Sacha Dragic, the Founder of Superbet Group, have launched a new joint venture in the industrial and logistics sector. The development company will be formed through the association of ELI and D Craig Real Estate, the property division of D Craig Holding, controlled by Sacha Dragic. Anca Damour has been named CEO of D Craig Real Estate. 
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20
Oct
2021

WDP’s ongoing investments in Romania at €102 million

by Property Forum
Belgian WDP, the developer of industrial and logistics projects, says it has ongoing investments of around €102 million in several Romanian cities with deliveries expected by the first quarter of 2022.
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19
Oct
2021

CTP expects accelerated yield compression

by Property Forum
Accelerated yield compression is expected for year-end 2021 after Q3 2021 valuations, CTP announced in a portfolio update.
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18
Oct
2021

CTP buys seven industrial buildings in Romania

by Property Forum
CTP, the industrial and logistics developer, has acquired seven buildings covering 153,000 sqm from Olympian Parks Group for an undisclosed sum. The assets are located in Brașov, Timișoara, and the south of Bucharest, which are some of the cities with the biggest stock of warehouses.   
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Latest news


New leases

  • PepsiCo Polska moves its headquarters from Praga-Południe to Praga-Północ (Warsaw). The company has leased two storeys with a total rentable area of ​​3 900 sq m (3 550 net) in building M of the Monopol project at Koneser Square. The relocation is expected to be completed in the second quarter of 2022.
  • Baxter, an international company involved in medical equipment production, specialist medicines and biotechnology has prolonged its lease and enlarged the area it occupies within the Warsaw office building, Nordic Park owned by Globalworth. Baxter is the largest tenant in Nordic Park, taking up 4,700 sqm of offices over three floors.
  • Scheduling platform Booksy has leased 1,500 sqm in the Skyliner building in Warsaw in a transaction conducted entirely online via the ShareSpace platform.

New appointments

  • Diófa Fund Management has appointed Gábor Pozsgai as the company's new advisor to the Board of Directors. He will be responsible for the development and efficient operation of the sales strategy framework.
  • Colliers Poland is developing its Workplace Innovation department – Karolina Dudek, PhD has just joined the team as Associate Director. She will use her skills in organisational diagnosis, knowledge of research methodology and design management expertise to support the shaping of sustainable work environments.
  • Cromwell Property Group has appointed Piotr Goździewicz as senior investment manager for Central and Eastern Europe. He will be responsible for executing a variety of investment strategies of Cromwell and its capital partners in the region with a focus on Poland, Czech Republic and Slovakia.


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