The recently finished Hall 'I' at Airport City Business Park, located at Liszt Ferenc Airport offers a total leasable area of 6,000 sqm and is fully occupied.

GLP announces the lease of a 40,000 sqm facility at GLP Wroclaw V Logistics Centre to SHEIN, a global e-commerce company. The new facility will open by the end of the year and serve as its Central and Eastern European distribution hub.

Panattoni has begun construction in Sulechów of nearly 90,000 sqm for BestSecret - European members-only online destination for premium and luxury off-price fashion. The cornerstone laying ceremony took place on September 15th. 

Panattoni has announced the construction of a new 12,000 sqm centre in Poznań. Panattoni has already built around 370,000 sqm for the City Logistics sector in 22 locations.

InPost and P3 have signed lease agreements for a total surface of over 43,000 sqm in P3 Piotrków Park, most of which, over 36,000 sqm, are new agreements. In addition, P3 has recently provided InPost with a dedicated city warehouse of nearly 8,300 sqm, located at ul. Faradaya in Warsaw.

Arvato Supply Chain Solutions Poland has extended its lease agreement for a ​​40,000 sqm of space in Prologis Park Stryków for three more years. The BTS facility is tailored to help Arvato SCS provide customer services for the fashion industry. Colliers facilitated the transaction.

Hillwood Polska has started the construction of a new logistics centre in the Górna district of Łódź. The complex, which is scheduled to come into use in Q3 2023, will comprise more than 97,000 sqm of warehouse space.

Panattoni built and is leasing a new, custom-fit facility to Corning Incorporated, a manufacturer of low-loss optical fibre. The facility is located in Mszczonów, a city near Warsaw, and is more than 20,000 sqm. It was customized to meet Corning’s specific manufacturing requirements for low-loss optical fibre production and to meet demand for high-speed connectivity in Europe and surrounding regions.

The first two warehouses of industrial real estate developer HelloParks have become 100 percent occupied over a few months. The Maglód and Fót developments, which opened earlier this year, are the first industrial buildings in Hungary to meet the sustainability requirements of the Excellent certificate in the BREEAM New Construction category. In addition to Maglód and Fót, HelloParks’ megapark in Páty is also being developed at full capacity. The nearly two-year-old company plans to deliver two more projects in 2022. As a result, the total gross leasable area offered by the HelloParks megaparks in the county will be increased to 160,000 sqm by the end of this year representing a total investment value of €190 million.

Demand for logistics real estate is not slowing in Europe, driving significant upward price growth. This development is further fuelled by increased construction and financing costs in the new-build segment. Overall, 70% of the examined European markets registered substantial growth since the end of the second half of 2021, whereas 30% saw no change in rent levels. The remarkable thing is that no region reported negative rental growth. These are some of the findings Garbe Research presented in its latest Garbe Pyramid Map, the 2022 mid-year update of the company’s yield and rent map for the 122 most important logistics real estate submarkets in 23 European countries.