Fortress REIT, one of the largest developers in South Africa and the majority shareholder of NEPI Rockcastle, buys with €30 million the warehouses built by the owners Dedeman and Ionuț Dumitrescu in Chitila, according to Economica.net.

Panattoni has launched the construction of Panattoni Park Zgorzelec, which will comprise ​​approx. 70,000 sqm. This is the developer’s latest 3 PL investment near the Polish-German border. The first tenant has already been secured for the park – ID Logistics, which will occupy 44,500 sqm for its e-commerce operations. Panattoni has also announced that the project will be BREEAM certified at the ‘Excellent’ level.

CTP is starting the construction of 80,000 sqm in Vecsés, a strategic location near Budapest Airport. With the market-leading 250,000 sqm under development in Hungary and high demand of the logistics and industrial space due to its large undersupply in the entire CEE region, CTP will reach the target of a 1 million sqm portfolio in the country already by the end of 2022, a year ahead of the originally projected forecast. CEE’s largest industrial developer already manages 10 parks in the size of 520,000 sqm in the country.

CATTED Business Park Chitila, the first industrial park developed exclusively for SMEs, was rented 100% in six months. The project has a total area of ​​7,500 sqm.

Panattoni is to provide space for the production of Paczkomat® parcel lockers for InPost and is also to construct an R&D centre for the company. The Paczkomat® factory is being built as part of the newly established City Logistics Kraków Airport park. It will take up 7,230 sqm and will be fitted with solar panels.

European warehouse property developer MLP Group is set to build a BTS facility for a European logistics operator. The tenant was assisted by a team of specialists from JLL during the transaction.

The NIPÜF Group has opened two new warehouse units in the industrial park of Páty, near Budapest. The tenant for the facility, now expanded to 23,000 sqm, is Waberer’s-Szemerey Logisztika Kft.

Warsaw is one of the top ten cities for data centre development in the category of power cost and environmental risk, reveals a new report from Cushman & Wakefield. In addition to Warsaw, the top ten markets for data centres by industrial power cost include Montreal, Reykjavik, Johannesburg, Portland, Vancouver, Salt Lake City, Dallas, Atlanta, and Seattle, with some focusing on the use of renewables, thereby offering the lowest costs in the long term.

Panattoni is building another logistics centre in Western Pomerania - Panattoni Park Stargard. The development will comprise three warehouse buildings with a combined area of 172,000 sqm. The main advantage of the project will be its location just next to a transport corridor from Scandinavia to the north and a direct road to Berlin. The construction work is scheduled to start this year.

CTP has completed the acquisition of 27.5 hectares of land close to Belgrade city centre and is moving plans forward to develop CTPark Belgrade Centre, which will become Serbia’s largest logistics and technology facility to date with over 130,000 sqm of gross lettable area. The new CTPark will be strategically located 6 km from Belgrade’s city centre, 2 km from New Belgrade, and 5 km from Airport Belgrade.