News - WDP buys Arad Business Park
16
Aug
2022

WDP buys Arad Business Park

by Property Forum
Industrial developer WDP has purchased Arad Business Park, with a leasable area of around 42,000 sqm, for an undisclosed sum in a transaction brokered by real estate consultancy Colliers. 
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News - Accolade completes first PV power plant in Bydgoszcz
12
Aug
2022

Accolade completes first PV power plant in Bydgoszcz

by Property Forum
Accolade has completed its first photovoltaic power plant in its Bydgoszcz industrial park. This is a significant milestone in the group's long-term strategy toward energy security in its industrial parks in Europe.
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News - Panattoni acquires site for new park in Żary near German border
11
Aug
2022

Panattoni acquires site for new park in Żary near German border

by Property Forum
Panattoni is launching its latest project in Western Poland, close to the border with Germany. The developer has just purchased a plot in Żary, not far from the E36 route connecting Berlin with Lubuskie province. Panattoni Park Żary will comprise 15,000 sqm, of which 8,000 sqm is to be built as a BTS project. This has already been leased by an international producer of polyurethane foam for (among others) the furniture industry. The company will begin operations in its new premises in the second quarter of 2023. The project is being built to qualify for BREEAM environmental certification at the ‘Excellent’ level.
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News - MLP Group publishes its ESG strategy
10
Aug
2022

MLP Group publishes its ESG strategy

by Property Forum
MLP Group has published its ESG strategy. The company intends to set high environmental standards in the logistics and industrial property sector. Respect for nature and care for the natural environment are to be the cornerstones of the activities carried out by the Group, which is developing a network of urban logistics parks in the Polish, German, Austrian and Romanian markets. MLP Group has set itself a goal of net zero carbon emissions by 2026.
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News - 7R Park Lublin to expand to nearly 110,000 sqm
10
Aug
2022

7R Park Lublin to expand to nearly 110,000 sqm

by Property Forum
7R has obtained financing for expanding the modern logistics complex 7R Park Lublin. The loan agreement has been signed with a syndicate of banks – Santander Bank Polska and mBank. Ultimately, the park will consist of five buildings with a total GLA of nearly 110,000 sqm. Bremer is the General Contractor of the project responsible for the work.
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News - CTP reports €490 million profit after tax in H1 2022
10
Aug
2022

CTP reports €490 million profit after tax in H1 2022

by Property Forum
CTP, the developer and administrator of industrial projects, recorded a like-for-like rental growth from its investment portfolio of 4.3% in the first six months of 2022 compared to the same period of last year. 
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News - Garbe to expand industrial park in Piešťany
09
Aug
2022

Garbe to expand industrial park in Piešťany

by Property Forum
Garbe Green Park Piestany in Western Slovakia is on course. The first 4,700 sqm hall is fully leased. The second hall, which will have a final area of 18,000 sqm, is just starting to be built. It should be ready early next year. The news was announced today by the developer.
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News - ELI’s portfolio exceeds 1.2 million sqm of warehouses
09
Aug
2022

ELI’s portfolio exceeds 1.2 million sqm of warehouses

by Property Forum
European Logistics Investment (ELI), a logistics platform in Poland, has closed H1 2022 with 1.2 million sqm of standing, under construction, and secured pipeline projects. Over the first 6 months of the year, ELI has also expanded its landbank, adding 90,000 sqm GLA to its development potential, and initiated the construction of logistics assets with a total GLA of 97,000 sqm.
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News - Panattoni expands large factory complex near Łodź
05
Aug
2022

Panattoni expands large factory complex near Łodź

by Property Forum
Panattoni has completed the expansion of a factory for a European hygiene products manufacturer - from 26,000 sqm to 70,000 sqm.
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News - CTP to add PV power stations on top of Czech CTParks
02
Aug
2022

CTP to add PV power stations on top of Czech CTParks

by Property Forum
CTP plans to install photovoltaic power stations in its CTParks with a peak performance of 200 – 250 MWp and with the growth of their portfolio reaching 300 MWp.
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Latest news


New leases

  • IWG has leased 1,297 sqm for a flexible workspace in the Egros Office project in Iași.
  • DHL Supply Chain has leased 3,000 sqm for its new European HQ in Budapest-based Liberty Offices, in a deal brokered by iO Partners. DLA Piper Hungary acted as DHL’s legal advisor.
  • Griffes has announced the leasing of 6,000 sqm of office space in Bucharest-based Unirii View. Out of the total volume, 2,000 sqm represent new tenants joining the tenant roster, while three tenants expanded operations and grew their space take-up in the building.

New appointments

  • Krzysztof Szargawiński has joined Avison Young Poland’s Office Agency team as an Associate Director. In his new role, Krzysztof will be responsible for leading the department’s projects in the Wrocław region. He brings over 20 years of experience in the Polish commercial real estate market, gained primarily in Wrocław, Warsaw, and Katowice.
  • Balázs Kun has joined Avison Young Hungary as Director, Industrial, Land & Development. He brings over 5 years of experience in the Hungarian real estate market, most recently serving at CBRE in the Industrial and Logistics department.
  • CBRE Investment Management announced the firm is evolving the leadership model in its EMEA Direct Real Estate business. Under the enhanced structure, Rik Eertink will assume the role of President and CIO of EMEA Direct Real Estate, after serving as President of EMEA Direct Real Estate for the past five years.

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