ARTICLES IN Industrial TOPIC

News CTP continues energy saving initiative in Hungary
15
Feb
2017

CTP continues energy saving initiative in Hungary

by Ákos Budai
CTP has announced a major energy saving initiative starting in logistics warehouse of DHL in CTPark Budapest South near Üllő. The entire property will be refitted with LED lighting by April 2017.
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News Strong year ahead for Poland’s industrial market
14
Feb
2017

Strong year ahead for Poland’s industrial market

by Ákos Budai
Poland’s total industrial and logistics stock surpassed the 11 million sqm mark at year-end 2016. Leasing activity remained strong for another consecutive year, leading to record high take-up, with more than 3 million sqm being transacted. The largest leasing volumes were recorded in Warsaw’s suburbs and Upper Silesia, and – of the smaller markets – in Szczecin and Bydgoszcz-Toruń. Cushman & Wakefield presented is yearly review on Poland’s industrial market.
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News Goodman expands in Northern Poland
27
Jan
2017

Goodman expands in Northern Poland

by Ákos Budai
Goodman is now constructing a second modern warehouse building totalling 36,700 sqm in Pomeranian Logistics Centre. The company’s flagship development in Poland has already secured five new pre-lease agreements.
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News Prologis increases occupancy in European assets
25
Jan
2017

Prologis increases occupancy in European assets

by Ákos Budai
Prologis announced fourth quarter and full year 2016 activity in Europe. Prologis Europe ended the fourth quarter with 96.7 percent occupancy, an increase of 90 basis points over the course of 2016. The company signed new leases and renewals totalling 718,200 square metres in the fourth quarter and 3.5 million square metres in the full year 2016 – an increase in volume of 54 percent over 2015.
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News Panattoni Europe completes factory in Western Poland
23
Jan
2017

Panattoni Europe completes factory in Western Poland

by Ákos Budai
Panattoni Europe has completed a manufacturing and warehousing building for STS Acoustics. The facility features close to 9,000 sqm and was built at the Międzyrzecz Industrial Park, in the Lubuskie voivodeship. The lease was signed for 12 years.
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News Strong demand for industrial space in Budapest
18
Jan
2017

Strong demand for industrial space in Budapest

by Ákos Budai
In Q4 2016 total leasing activity amounted to 133,460 sqm on the Budapest industrial market which marks a 64% rise on a yearly basis. Meanwhile, the vacancy rate reached a new post-crisis low at 8.1% and there is currently no scheme offering more than 10,000 sqm available adjacent space. The Budapest Research Forum published its quarterly industrial market analysis.
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News Panattoni Europe to build BTS facility for H&M in Poland
17
Jan
2017

Panattoni Europe to build BTS facility for H&M in Poland

by Ákos Budai
Panattoni Europe will build another BTS facility for H&M. The distribution centre spanning over 30,000 sqm will be built in Grodzisk Mazowiecki – construction works are set to start in February 2017. The investment will be certified under the LEED system, aiming for the Silver rating level.
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News Logicor secures new tenant in Poznań
16
Jan
2017

Logicor secures new tenant in Poznań

by Ákos Budai
Aluplast sp. z o.o., a supplier of PVC window systems, has signed a lease for 10,000 sqm of warehouse and manufacturing space at the Logicor Poznań III distribution centre. Cushman & Wakefield represented the tenant in the lease negotiations.
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News More speculative developments on the Czech industrial market
13
Jan
2017

More speculative developments on the Czech industrial market

by Ákos Budai
In 2016, new supply totalled 497,000 sqm on the Czech industrial market and at the end of the year a further 426,600 sqm of storage and industrial space was under construction. Prime headline rents achieved in the Czech Republic remained stable during Q4 2016 and currently stand at €4.25 sqm/month. The Industrial Research Forum has published its preliminary industrial market figures for Q2 2016.
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News New building leased in P3 Bucharest
13
Jan
2017

New building leased in P3 Bucharest

by Ákos Budai
Altex, one the largest retailers of electronics, home appliances, IT&C and multimedia products in Romania, has doubled its lease in the P3 Bucharest industrial park by signing a new contract for 15,000 sqm of warehouse space. 
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Latest news


New leases

  • Ekonip Logistics, a company specializing in logistics services for hazardous materials, has decided to lease 9,200 sqm of warehouse and office space at the Logicor logistics park in Mszczonów. AXI IMMO represented the tenant in the transaction.
  • Salzgitter Mannesmann Acélkereskedelmi Kft. has signed another long-term lease agreement in the ZenGarden office building in Budapest. The redesigned workspace will take up over 500 sqm in the building.
  • The New Balance brand has expanded the space of its showroom in Galeria Warmińska in Olsztyn, Poland. The American brand's shop currently occupies an area of almost 200 sqm.

New appointments

  • DLA Piper’s Prague office has appointed a Corporate partner with a focus on technology Tomáš Ščerba, Real Estate partner Michal Hink and Banking, Finance and Restructuring counsel Leo Javorek.
  • Following Magdalena Sekuła's resignation from the Supervisory Board of LPP, and the reduction of the number of Supervisory Board members below the statutory minimum, the Supervisory Board appointed Jagoda Piechocka as a Supervisory Board member.
  • Florin Suicescu has been named COO of Forty Management. With over 30 years of management experience, he has held senior positions in real estate and hotel developments.


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