Warehouse developer operating on the Polish market, MDC2 has reached an agreement with Fortress REIT Limited – South Africa’s largest owner and developer of logistics real estate. 

CTP has started the construction of solar power plants across its entire portfolio, with the first phase of 6 buildings to be installed in Biatorbágy and Üllő, both located in the outskirts of Budapest.  The plants, each with a capacity of 500 kW, are scheduled to start operations in the first quarter of 2022, aiming to meet tenants' green energy needs while reducing energy costs. The project will be carried out by local contractors and will be developed by CTP as its own investment, entirely from its own resources.

GLP has closed an acquisition contract for a 22.3-hectare plot in Szigetszentmiklós, next to its existing Sziget Logistics Centre near Budapest, the larger part of which has already been let to Fiege Group. GLP has simultaneously obtained an occupancy permit for the first building, while two further units are under construction. The two phases of the project will comprise more than 150,000 sqm of prime warehouse space.

MLP Group is embarking on a project to build rooftop solar power systems at ten logistic parks making up its Polish property portfolio. The project has been contracted to Quanta Energy. The PV panels will cover an aggregate area of about 120,000 sqm, featuring a total capacity of 5.93 MWp. The project is scheduled for completion in the first quarter of 2023.

Biuro Inwestycji Kapitałowych has started the second stage of construction of the logistics park BIK Park Wrocław. The speculative investment will provide 22,500 sqm of modern warehouse space. The area of ​​the entire complex will eventually reach the target size of 47,500 sqm. Completion of construction works is planned for the third quarter of 2022.

Accolade secured the plot to launch its new project. The new industrial park has a planned area of 76,000 sqm and an investment value of over €60 million. It will be located on the Polish western border, along the S3 road and right next to the A2 highway junction.

Castorama, Poland's largest chain of home improvement stores, selling construction and finishing products online and in 90 brick and mortar stores across the country, will move to 7R Park Łódź East I. The total area that the tenant will occupy is more than 36,000 sqm. In the lease process, Castorama was advised by JLL.

MVGM has been appointed by Hansainvest Real Assets to manage 44,000 sqm of space in two logistics centres: Panattoni Park City Logistics II Wrocław and Panattoni Park Poznań X.

CTP, the biggest owner and developer of industrial projects in Romania, has taken over warehouses in Târgu Mureș from domestic furniture retailer Mobexpert. 

Warehouse occupiers are prioritising the shortening of supply chains to mitigate business risks, a trend that is likely to dominate the demand for warehouse space in Europe for the next three years, reports Savills and Tritax EuroBox plc, a leading investor in European logistics real estate. According to Savills, Poland becomes a target for larger Foreign Direct Investment facilities.