03
May
2017
May
2017
Regulatory issues and labour shortage are the biggest threats
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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02
May
2017
May
2017
CTP expands in Hungary
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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02
May
2017
May
2017
Manufacturing drives the Czech industrial market
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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02
May
2017
May
2017
Prologis completes BTS development in Central Poland
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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19
Apr
2017
Apr
2017
Automotive supplier to establish €47 million plant in Ostrava
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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19
Apr
2017
Apr
2017
Budapest industrial stock expands further
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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18
Apr
2017
Apr
2017
Panattoni Europe completes BTS project in Łódź
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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12
Apr
2017
Apr
2017
P3 continues expansion in Bucharest
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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12
Apr
2017
Apr
2017
Panattoni Europe starts BTS development in Central Poland
Panattoni Europe is to build another distribution centre for Castorama Polska. The project, one of the biggest in Poland, will be delivered in Stryków. Contruction works will commence later this April. The lease was mediated by experts from JLL.
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12
Apr
2017
Apr
2017
10 industrial parks expand in the Czech Republic
In Q1 2017, industrial space totalling 162,400 sqm was completed within 10 industrial parks across the Czech Republic, bringing the total stock of modern industrial and logistics space to 6.47 million sqm. The Industrial Research Forum announced its preliminary industrial market figures for Q1 2017.
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Latest news
- Redkom Development nears opening of retail park in Otwock
- Duna House reports falling demand after Otthon Start ends
- KÉSZ Csoport secures €30 million loan for Bucharest housing project
- PwC and ULI report flags uneven recovery across Europe
- NBI records €22 million in transactions in Bucharest
- Romania's One United Properties enters Miami
- The future office needs to work harder to bring people back
- RS Group launches major residential project in Prague
- War reshapes Kyiv region housing market ahead of recovery
- Matexi Polska completes Sady Żoliborz II in Warsaw
New leases
- Globalworth announced the signing of a lease agreement with B+N Integrated Facility Services, part of the international facility management company LIWO Group, which operates across nine European countries. B+N will occupy approximately 1,500 sqm of office space in Green Court D, Globalworth’s newest development in Bucharest, currently under construction in the Aurel Vlaicu area and scheduled for completion in 2027.
- UDH, one of Poland’s largest distributors of premium imported beers, has leased approximately 1,400 sq m of modern warehouse and office space at the Park Rysy Kraków distribution centre. The tenant, which has chosen to expand its operations in southern Poland, was once again represented by AXI IMMO.
- Golden Star Estate has secured a long-term lease agreement with global technology solutions and consulting provider C&F for nearly 1,900 sqm of office space at the Konstruktorska Business Center. Following the transaction, the property, located in Warsaw’s Mokotów business district, is now almost fully leased. The Polish branch of C&F will officially relocate to the facility at the beginning of 2027.
New appointments
- Indotek Group has announced the appointment of Diederik Bakker as Group Chief Investment Officer and Group Head of Asset Management. In his new role, the Dutch real estate investment professional will gradually assume responsibility for the company's ITAM (investment, transaction, and asset management) activities across 12 European countries, supporting the next phase of Indotek Group’s growth. His focus includes facilitating sound investment decisions across Europe and developing a group-level portfolio management strategy that combines local market knowledge with international asset management know-how.
- Peakside Capital Advisors has appointed Bogi Gabrovic to advise the board and support its investment and acquisition activities in Poland. Gabrovic brings more than 25 years of CEE real estate experience to the role, having previously held senior executive positions at CTP, Golub & Company, and White Star Real Estate, where she managed transactions exceeding €2 billion.
- Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.
