ARTICLES IN Industrial  TOPIC

News Corteva pre-leases 23,000 sqm in Bucharest warehouse
17
May
2021

Corteva pre-leases 23,000 sqm in Bucharest warehouse

by Property Forum
Agricultural products maker Corteva has pre-leased around 23,000 sqm of industrial space in a built-to-suit warehouse located in northeastern Bucharest. 
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News Knauf Industries Polska expands in Panattoni Park Wrocław II
17
May
2021

Knauf Industries Polska expands in Panattoni Park Wrocław II

by Property Forum
Knauf Industries Polska, the world’s leading polystyrene processor, has renegotiated its lease agreement and increased its warehouse and office space in Panattoni Park Wrocław II to 18,000 sqm. The tenant was represented during the negotiation process by real estate advisory firm Cresa.
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News Prologis secures 21,000 sqm tenant in Prague
17
May
2021

Prologis secures 21,000 sqm tenant in Prague

by Property Forum
Crussis Electrobikes, a Czech manufacturer of e-bikes and tricycles has signed a long-term lease for 21,000 sqm in Prologis Park Prague-Úžice. The company will occupy space in building 4B of the park. Real estate agent Marek Sýkora facilitated this transaction.
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News Well Pack takes up 10,500 sqm in City Logistics Łódź II
14
May
2021

Well Pack takes up 10,500 sqm in City Logistics Łódź II

by Property Forum
Panattoni has leased 10,500 sqm to Well Pack in the City Logistics Łódź II warehouse park. The space will be used by the logistics operator for the machine washing and disinfection of reusable food containers for supermarket chains. The tenant will move into its new premises in July, from where it will carry out its main operations.
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News Slowdown in supply on Poland's warehouse market ends
14
May
2021

Slowdown in supply on Poland's warehouse market ends

by Property Forum
According to AXI Immo, the Polish industrial market remains in great form. The sector is still attractive in the eyes of investors, and the boom in the e-commerce industry continues to fuel occupier demand. Take-up in Q1 2021 was 59% higher than in the same period last year, at 1.6m sqm. In addition, new sources of financing and greater developer confidence resulted in an increase in the amount of space under construction, which at the end of March 2021 reached 2.3m sqm (+11% y/y). 
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News Prague’s industrial vacancy rate falls to all-time low of 0.55 %
13
May
2021

Prague’s industrial vacancy rate falls to all-time low of 0.55 %

by Property Forum
The first quarter of 2021 saw record low vacancies in the greater Prague region, affirming consistent high interest in industrial premises in premium locations. High demand is pushing lease prices upwards, with lease prices having grown by 25 % per sqm year-on-year within the Prague cadastral district, for example. The Czech industrial real estate market is being impeded by drawn-out approval processes and a lack of new options in areas with the greatest demand.
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News Positive sentiment continues on Poland's warehouse market
12
May
2021

Positive sentiment continues on Poland's warehouse market

by Property Forum
According to “Occupier Insight – Industrial and Warehouse Market Q1 2021”, a report prepared by Cresa, gross industrial and warehouse take-up climbed to 1.6 million sqm in the first quarter of this year, representing an increase of 51% compared to the first three months of last year. This result accounts for 46% of the annual average for the last five years and marks a record quarter in terms of leasing activity.
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News VGP launches construction of new hall in Pilsen
12
May
2021

VGP launches construction of new hall in Pilsen

by Property Forum
VGP has launched construction of the fifth hall in its logistic park VGP Park Pilsen, located in an industrial part of the city’s Bručná quarter. The park is adjacent to the E49 and has access to the D5 motorway. On a land of about 10 hectares, VGP offers nearly 50,000 sqm of lettable area suitable for light manufacturing, logistics and accompanying commercial activities. Tenants of the new warehouse will be DHL Express, leasing 1,113 sqm, as well as Verhoek Europe with 2,170 sqm of logistics space.
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News Small Business Units in Poland are on the rise
12
May
2021

Small Business Units in Poland are on the rise

by Property Forum
Logistics parks offering space that can be flexibly tailored to the needs of smaller tenants are increasingly high on the agenda of industrial developers, especially on the Warsaw market, according to Tomasz Bulej, Junior Negotiator at  Cushman & Wakefield.
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News Cargus invests €500,000 in a new warehouse in Buzău
11
May
2021

Cargus invests €500,000 in a new warehouse in Buzău

by Property Forum
Delivery firm Cargus has opened a new warehouse in Buzău, following an investment of €500,000, which will support its growing business volumes. 
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Latest news


New leases

  • De Heus, a producer of animal feed, which has built a strong presence in the Polish market, has leased 7,050 sqm of warehouse and office space at GLP Łódź III Logistics Centre. This is the first Class A warehouse of De Heus in Poland. The tenant was advised by specialists from Newmark Polska during the search for the right space and throughout the lease negotiations.
  • Endava has leased an additional 2,400 sqm in the UBC 1 building, part of the Palas Iași mixed-use complex owned by Iulius. This expansion brings its total office area to 5,500 sqm.
  • Revetas Capital announced that Bonarka for Business “B4B” has secured a lease extension contract with a company of Hitachi Group - GlobalLogic. The company, a leader in digital product engineering, has been a tenant in B4B since 2016 and leases in total of 6,500 sqm of office space in Building F.

New appointments

  • Oliver Derksen is joining iO Partners Romania as the new Head of Office Advisory, having over 16 years of expertise in office leasing and business development.
  • GTC has announced the appointment of Sebastian Junghänel to the Management Board as Chief Operating Officer, effective 2 September 2025. With more than 18 years of experience in the real estate sector across Germany and CEE, Sebastian brings strong expertise in asset management, project development, ESG and innovation. His career includes co-founding ZEITGEIST Asset Management, where he built a €1 billion portfolio, and senior management roles at HOCHTIEF Group. At GTC, Sebastian will focus especially on the oversight of our portfolio in Germany, which includes, includes 5,200 residential units in Kaiserslautern, Helmstedt, Heidenheim, and surrounding areas. His know-how will also support our development projects in Central and Southeastern Europe.
  • Justyna Filipczak has taken up the position of Executive Vice President of the CEE residential segment and joined YIT's management team.

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