News - Faedra Group to open city logistics park in Budapest
17
Aug
2022

Faedra Group to open city logistics park in Budapest

by Property Forum
The new last-mile facility, Faedra22 Park will offer 14,500 sqm of flexible light industrial and logistics space with technical solutions to meet tenant-specific needs.
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News - Elite Partners buys warehouse in Poland for €30 million
17
Aug
2022

Elite Partners buys warehouse in Poland for €30 million

by Property Forum
Elite Partners Capital has completed an off-market acquisition of a warehouse in Radomsko, Poland for close to €30 million. This marks the firm's third purchase within a span of six weeks, after announcing acquisitions in UK and Netherlands. 
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News - Delta Trans expands lease in Ruda Śląska to 17,000 sqm
17
Aug
2022

Delta Trans expands lease in Ruda Śląska to 17,000 sqm

by Property Forum
The Delta Trans Group, a provider of logistics services with over 30 years of presence in the Polish market, has renegotiated and expanded its lease to around 17,000 sqm of warehouse and office space in Ruda Śląska in a property managed by Savills Investment Management. The tenant was advised during the renegotiation process by experts of real estate advisory firm Newmark Polska.
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News - VGP secures new tenant in Olomouc logistics park
17
Aug
2022

VGP secures new tenant in Olomouc logistics park

by Property Forum
VGP has concluded a lease agreement with Pilulka Lékárny for 4,479 sqm of warehouse space in the newly completed hall "I" in VGP Park Olomouc. The company is one of the largest pharmaceutical and pharmacy groups in the Czech Republic and Slovakia. The warehouses in Olomouc will be used for supplying customers in several regions: Brno, Ostrava, Olomouc and Prostějov. The new premises have been implemented in the BREEAM Very Good green certification.
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News - Logistics leasing in Romania up 38% in H1 2022
16
Aug
2022

Logistics leasing in Romania up 38% in H1 2022

by Property Forum
Around 500,000 sqm of logistics spaces have been leased in Romania in the first semester of the year, up 38% compared to the same period of last year, with the largest pre-leased surface of almost 88,000 sqm secured in Prahova County, according to property consultancy CBRE Romania. 
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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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Latest news


New leases

  • A new KIKO MILANO store has opened at the Nový Smíchov shopping centre in Prague, as part of a lease transaction brokered by Cushman & Wakefield.
  • Kenneth Cole New York has launched its European debut with a 200 sqm store in Prague’s Westfield Chodov shopping centre.
  • Galeria Askana in Gorzów Wielkopolski has significantly bolstered its retail mix by signing a lease agreement with HalfPrice for a unit exceeding 2,000 sqm. The off-price retailer, part of Grupa Modivo, is scheduled to open its doors at the end of August 2026. The project features a large-format layout with the potential to expand the footprint to nearly 2,700 sqm.

New appointments

  • Romanian office developer Genesis Property has appointed Cătălin Niculiță as Leasing Manager. With nearly 20 years of experience in the real estate industry, he has held leadership roles at real estate companies such as Atenor, collaborating with major office tenants in the banking, telecom, and IT sectors.
  • Krzysztof Wróblewski (MRICS) has been named Head of Portfolio Management CEE at Peakside Capital Advisors, responsible for overseeing investments and managing the real estate portfolio. He succeeds Christopher Smith in this role.
  • Garbe Industrial is reorganising its senior leadership team. CEO Christopher Garbe will now focus on strategic orientation and international activities. Jan Philipp Daun assumes leadership of the Development division alongside his existing Investment and Joint Venture responsibilities. Andrea Agrusow expands her remit to include Portfolio Management while retaining control of Commercial and Real Estate Management. Additionally, Michael Marcinek and Maik Zeranski will now jointly head the restructured Development unit as Management Board Members, succeeding Adrian Zellner.

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