ARTICLES IN Industrial  TOPIC

News P3 expands Poznań park by 31,900 sqm
18
May
2017

P3 expands Poznań park by 31,900 sqm

by Ákos Budai
P3 has celebrated the raising of the last pillar of a new, 31,904 sqm warehouse at P3 Poznań park in Poland’s rapidly developing Gądki logistics area. One-third of the building - 10,000 sqm - will be occupied by British American Tobacco Polska. The BAT space, which will be commissioned in August 2017, is being designed to meet the company’s specific needs. The remaining space is being built on speculative basis.
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News Helaba and pbb provide €177 million loan to CTP
05
May
2017

Helaba and pbb provide €177 million loan to CTP

by Ákos Budai
Helaba and pbb Deutsche Pfandbriefbank, acting as co-arrangers, are providing a €177 million facility to developer and investor CTP for the refinancing of CTPark Bor, one of the Czech Republic's largest logistic parks. The loan is being financed in a club deal, with each partner providing 50% of the facility and Helaba acting as agent. The transaction closed in April 2017 and has a term of seven years. 
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News Regulatory issues and labour shortage are the biggest threats
03
May
2017

Regulatory issues and labour shortage are the biggest threats

by Ákos Budai
Central European industrial markets have a bright future ahead of them but regulatory issues and labour shortage can pose a threat to further growth in many countries. The speakers of the first ever Prague Property Summit analysed the potential of the market from a European perspective.
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News CTP expands in Hungary
02
May
2017

CTP expands in Hungary

by Ákos Budai
CTP signed several new leases in Hungary in the first quarter of 2017 which means that construction is now underway in four different locations in the Transdanubia region. The real estate developer, present in Hungary since early 2016, now manages an industrial property portfolio of about 300,000 sqm. 
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News Manufacturing drives the Czech industrial market
02
May
2017

Manufacturing drives the Czech industrial market

by Ákos Budai
Net take-up on the Czech industrial market in Q1 2017 totalled 238,800 sqm, representing a yearly increase of 13%. The vacancy rate reached 4.7%, having decreased marginally by 4 bps since Q4 2016. The Industrial Research Forum announced the final Industrial Market figures for Q1 2017. 
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News Prologis completes BTS development in Central Poland
02
May
2017

Prologis completes BTS development in Central Poland

by Ákos Budai
Prologis announced the completion of a 42,170 square metre build-to-suit (BTS) facility for long-term customer Agata at Prologis Park Piotrków II. 
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News Automotive supplier to establish €47 million plant in Ostrava
19
Apr
2017

Automotive supplier to establish €47 million plant in Ostrava

by Ákos Budai
Colliers International has announced the completion of its advisory role in helping Chassix, a global automotive supplier of precision casting and machining solutions, to establish a greenfield plant in the metropolis of the Moravian-Silesian region of the Czech Republic. 
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News Budapest industrial stock expands further
19
Apr
2017

Budapest industrial stock expands further

by Ákos Budai
The vacancy rate on the Budapest industrial market declined 2.2 percentage points q-o-q, reaching a record low of 5.9% at the end of Q1 2017. The Budapest Research Forum published its quarterly industrial market analysis.
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News Panattoni Europe completes BTS project in Łódź
18
Apr
2017

Panattoni Europe completes BTS project in Łódź

by Ákos Budai
Panattoni Europe has completed the construction of a modern logistics centre for Decathlon. The 32,000-square-metre investment is based in Łódź and is the company’s second central warehouse in Poland. 
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News P3 continues expansion in Bucharest
12
Apr
2017

P3 continues expansion in Bucharest

by Ákos Budai
P3 has started the construction of a new warehouse at P3 Bucharest Park. The 13,900 sqm logistics facility will include 400 sqm of offices. P3 is already in advanced discussions with a potential customer interested in leasing the whole building.
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Latest news


New leases

  • Cărturești is set to become an anchor brand in the RIVUS project developed by Iulius, in Cluj-Napoca, where it will house the country's largest bookstore. The company will lease 2,500 sqm of space, spread across two levels.
  • M1 Poznań, managed by EPP, one of the largest family shopping centres in Wielkopolska, has just gained a new, unique tenant, CentrumRowerowe.pl, which is making its debut in Wielkopolska. In the summer, HalfPrice will also join the list of tenants of the centre, offering global brands, including fashion, home furnishings and sports goods at attractive prices. Customers can also already use the assortment of the recently opened Reporter clothing store and the Rainbow travel agency. All new contracts cover over 5,000 sqm of retail space.
  • Three companies from the PZU Group, one of the largest financial institutions in Poland and Central & Eastern Europe, have decided to lease space at Konstruktorska Business Center in Warsaw for another 10 years. The companies have renewed their lease for a total of over 6,500 sqm of modern office space in the building owned by Golden Star Group.

New appointments

  • Elżbieta Majdan is joining the Property & Asset Management team at Savills Poland as an Associate Director. Elżbieta brings 15 years of experience in managing and commercialising retail properties, gained while implementing key projects on the Polish market.
  • Savills Czech Republic announces new hires and promotions within its valuation team. Daniel Duchek has joined as a Senior Valuer, Alena Arnoldová has strengthened the team as a Junior Valuer, and Ivana Horáková has been promoted Valuer. Under the leadership of Marek Pohl, the team now consists of seven consultants specialising in the valuation of a wide range of assets – from commercial, residential, and hospitality properties to leisure, healthcare facilities, and land.
  • Ewa Nowak, a commercial property valuer, has joined the Valuation Department of international real estate advisory firm Newmark Polska as Senior Associate.

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