CTP announced that it will complete CTPark Bor in the next five years, creating the largest industrial park in the Czech Republic with an area of ​​600,000 sqm.

The first company to lease premises at the new Panattoni Park Košice Airport was GGT, the largest distributor of tobacco products in Slovakia. They will move in later 2019. Panattoni Europe unveiled information about the first leaseholder at the ceremony to commence construction of the new, almost 8-hectare industrial park with modern manufacturing and warehousing facilities. Ideally located not far from the Košice Airport and with direct access to the D1 highway, this industrial park is the first development project of Panattoni Europe in Slovakia.

Romania’s modern industrial stock exceeded the 4 million sqm during the first semester of 2019, since a new supply of 240,000 sqm was brought on the market and by the end of 20202 approx. 1 million sqm are expected to be delivered, according to the latest research report by CBRE Romania.

CTP Invest's first project in Serbia - construction of CTPark Belgrade West - has been completed successfully.

Bulgaria marks the seventh country in which CTP opens operations, stretching the company's portfolio from the German border to the Black Sea.

Panattoni Europe embarks on the largest project in the Warsaw region. The new facility, A2 Warsaw Park, will total 102,500 sqm of space and will be located next to the Grodzisk Mazowiecki Junction and the A2 motorway. The first tenant has already been secured – Raben Logistics Polska, taking up 30 per cent of the space. Project completion is planned for Q1 of 2020.

CTP is on a good track to deliver more than 100,000 sqm premium category industrial space on the Budapest market in the next 12 months.

During Q2 2019, gross take-up on the Czech industrial market, which includes renegotiations, reached 380,500 sqm showing an increase of 21% over the Q2 2018. The Industrial Research Forum announced the final industrial market figures for Q2 2019.

Panattoni Europe has completed the construction of another facility for Amazon with more than 60,000 sqm of space. The logistics centre in Bolesławiec in Lower Silesia will receive products from sellers and suppliers, and then distribute them to Amazon’s e-commerce centres. The project was built in line with the guidelines for BREEAM certification and is already the seventh joint project between the two companies – in the space of five years the developer has delivered 745,500 sqm to the world’s largest online store.

Czech investment group Accolade aims for the Slovak market. Investment in two logistic halls near Košice airport will open Accolade´s fourth market. Thanks to the strategic location, tenants will have good access not only to the east of Slovakia but also to Hungary, Poland, and Ukraine. The halls will cover the area of 36 000 sqm from the total disposable area of 75 000 sqm. The total value of the buildings is CZK 750 million.