Demolition works are now beginning on the site of the City Point Targówek redevelopment project in Warsaw. The existing buildings will be removed and replaced with a multi-tenant logistics complex. Once completed, the park will offer nearly 100,000 sqm of modern warehousing and office space. The first completed buildings will be delivered to tenants in the third quarter of 2023.

Logicor, the owner and manager of logistics real estate in Europe, has completed the development of around 21,200 sqm of prime warehouse space in Logicor Bucharest II, in the northeast region outside Bucharest. 

Panattoni has completed another development in Lower Silesia in Poland. On October 25th in Głogów, the opening ceremony took place for a development for FM Logistic. The logistics operator is now to serve the e-commerce operations of Maxi Zoo, a leading pet store chain owned by the Fressnapf Group.

Develia has signed a joint venture agreement with Hillwood. As part of the agreement, a special-purpose vehicle will be created to develop a logistics park with a minimum area of 400,000 sqm GLA on a property located in Malin near Wrocław. The estimated value of the entire project will exceed PLN 1.5 billion.

Atalian, the facility management services provider, has expanded its collaboration with tires maker Michelin, adding Serbia in the portfolio, after France and Romania. The partnership between the 2 companies started 12 years ago in France and has been developed over the last decade in Central and Eastern Europe. 

Industrial developer CTP has delivered a warehouse spanning 12,000 sqm in CTPark Bucharest North for Sezamo, part of the European Rohlik Group.

ECE expands its activities in the development of logistics properties to the international market and realizes a logistics project in Poland for the first time.

Czech pharmacy chain Dr Max has leased 14,000 sqm in the latest stage of DL Invest Park Teresin. The warehouse complex is developed about 45 km west of Warsaw.

WDP, the industrial and logistics projects developer, recorded EPRA earnings of €175.9 million in the first nine months of the year, up 17% compared to the same period of 2021. This was generated by the pre-let of new projects and organic growth via the indexation of leases as well as newly realized acquisitions and some non-recurring income. 

VGP, the European company that develops, manages and owns high-quality logistics and semi-industrial real estate, has handed over a 10,000 sqm warehouse building to Boxy Logisztikai Zrt.