With the recent completion of the third phase of the Tchibo distribution centre in Panattoni Park Cheb, adding approximately 30,000 sqm, the hall, totalling over 100,000 sqm, has become the largest industrial building completed this year in the Czech Republic. Panattoni as a developer completed the project together with investment group Accolade. Since the first phase of construction in 2016, the tenant has been Tchibo, one of the world's most important coffee producers and consumer goods retailers. The new part of the site aspires to a high BREEAM New Construction environmental certification rating of "Excellent". 

The Polish warehouse market is experiencing an unprecedented boom. In the first half of 2021, the take-up of logistics space in Poland exceeded 3 million square meters for the first time in history and was higher than in the United Kingdom, France or Spain.

The Romanian industrial and logistics market recorded a total demand of 562,000 sqm in the first three quarters of 2021, down only 3% compared to the same period of last year. The sector was mainly driven by new demand, which reached 86% of the total transacted volume, according to real estate consultancy Cushman & Wakefield Echinox. 

Panattoni has unveiled its latest location in Lower Silesia – by starting work on the construction of Panattoni Park Głogów, which will ultimately cover more than 20 ha with 111,000 sqm of built-up space. The project, which is to be BREEAM certified at the ‘Excellent’ level, has been designed to allow tenants to significantly reduce their CO2 emissions and energy consumption. The first tenant of the park is to be international logistics operator FM Logistic, which will occupy almost 35,000 sqm and is going to start operations in May 2022. 

Wing launched the development of Hall D3 in East Gate Business Park to respond to distinct market needs reflecting increasing demand and increasing interest in the park. The hall, with a total area of over 9,000 sqm nearly 20% of which is office space, has now reached a 100% occupancy rate. This speculative investment project caters to tenants with production, manufacturing and complex, special warehousing needs.

Property developer Speedwell says it secured the building permit for its first industrial project located in north-western Bucharest. The development of the first warehouse under the Spaceplus brand will start in the next period and should be completed by the second quarter of 2022. It will have a total leasable area of 10,000 sqm. Leasable storage space ranges from 400 to 600 sqm. 

CTP has obtained all the necessary permits for the completion of two industrial halls on the outskirts of Hradec Králové. Construction can resume in November this year, tydenikhrot.cz reports.

Total demand on the Budapest industrial demand amounted to 143,530 sqm in Q3 2021, indicating a 19% decrease year-on-year, according to the BRF’s latest industrial market snapshot.

Prime headline rents have increased slightly to a new level of €5.20 sqm/month in the Czech Republic and €5.50 sqm/month in the Greater Prague region during Q3 2021. The Industrial Research Forum published its fresh industrial market figures.

Panattoni has been chosen by Alibaba's logistic arm Cainiao to support AliExpress, the global online marketplace part of Alibaba Group, visited by hundreds of millions of shoppers each month. Its warehouse of over 10,000 sqm in Panattoni Park Łódź West will be devoted to servicing AliExpress sellers. The facility will serve as a fulfilment centre for AliExpress merchants shipping products directly from Poland and is the first major investment in fulfilment infrastructure made to support AliExpress merchants serving the Central & Eastern European Region. The centre will also play a strategic role in the company’s deliveries to the Czech Republic, Slovakia, Germany, and Austria.