HelloParks, part of Futureal Group, has started the construction of two new industrial and logistics facilities with a combined area of 88,000 sqm in Fót and Páty, located north and west of Budapest. 

The cornerstone-laying ceremony at City Point Okęcie marked the official launch of the construction of the project. The event also provided an opportunity to formally announce Welcome Airport Services as the sole tenant of the warehouse. Jointly developed by Peakside Capital Advisors and Partners Group, the 11,000 sqm project incorporates sustainable construction practices alongside advanced technologies in energy efficiency and water management. The facility is scheduled for completion in the third quarter of 2025.

Panattoni has completed the expansion of Panattoni Park Koluszki and obtained an occupancy permit. Located in central Poland, the industrial park is now fully leased.

Panattoni has secured financing from mBank for its latest project in the Małopolska region of Poland. The €26 million funding will be used to develop the new logistics complex, Panattoni Park Kraków East V.

WDP is investing €52 million in the expansion of its WDP Park Bucharest-Dragomirești project. 

CTP has signed its first leases at CTPark Plzeň Kasárny. The project is transforming a nearly 65,000 sqm brownfield site into a modern business hub.

With warehouse and industrial stock of nearly 35 million sqm, Poland’s market has stabilised at a healthy level. In 2024, take-up rose by 4 per cent year-on-year. Meanwhile, development activity slowed significantly, with only 1.75 million sqm under construction in December, down from 2.8 million sqm at the same time in 2023 and from over 4.6 million sqm at its peak in 2021, says Newmark Polska. 

More than 2.6 million sqm of industrial and logistics space was delivered across Poland in 2024. While this was below the new supply levels recorded in previous years, the Polish market remains in good shape. Vacancy rates edged down, with development activity driven by demand coming from retail and 3PL, according to BNP Paribas Real Estate Poland’s latest report. 

E-commerce companies are now among the top 5 occupiers of logistics spaces in Romania, utilising approximately 1 million sqm of industrial and logistics facilities, finds a report by Cushman & Wakefield Echinox.

Accolade will deliver another BTS facility for one of the Poland’s largest private courier operators. The warehouse will cover 11,400 sqm and will be part of Panattoni Park Lublin IV, where Accolade already owns two buildings totaling 52,000 sqm.