ARTICLES IN Industrial TOPIC

08
Feb
2021

CTP confirms 10 million sqm GLA target by end-2023

by Property Forum
CTP has announced a 15% annual growth which helped the company reach €344 million of annualised rental income by the end of 2020. With a portfolio of 6.3 million sqm and 740,000 sqm under construction at year-end 2020, CTP solidified its position as the largest logistics property owner and developer based on GLA in the Czech Republic, Romania and Serbia while announcing new developments in Austria, Poland and Bulgaria.
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08
Feb
2021

GLP secures 40,000 sqm lease in Prague with Alza

by Property Forum
GLP has commenced development of a 51,000 sqm warehouse at GLP Park Prague Chrastany, 40,000 sqm of which has been leased to e-commerce business, Alza.
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05
Feb
2021

7R expands its warehouses near Szczecin

by Property Forum
Construction of the two facilities, totaling 58,000 sqm, in the 7R Park Szczecin complex has commenced. It's 7R’s third major project in this region. A modern A-class building for Hultafors Group, which will be the first automated warehouse to use the AutoStore system in Poland, will be completed this month. . Meanwhile, in the center of the capital of the West Pomeranian Voivodeship, the 7R City Flex Last Mile Logistics warehouse is already operating.
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04
Feb
2021

CTP to invest €200 million in Poland

by Property Forum
CTP enters a strategic partnership with Poland-based MDC² to develop full-service business parks throughout Poland. Construction in the first three locations will start in Q1 2021 and CTP will invest €200 million during the first year of the project. 
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04
Feb
2021

Panattoni will build another 200,000 sqm near Wrocław

by Property Forum
Panattoni is again investing in Lower Silesia. The developer has purchased 39 ha in Wrocław where it is to build Wrocław Campus 39, a massive industrial and logistics complex of almost 200,000 sqm. The project, which is to have direct access to the A4 motorway and the S8 expressway, is being constructed close to the buildings of Amazon and LG Chem Wrocław Energy. It will be the ideal location for e-commerce companies as well as firms in the electric vehicle sector. Work is to start in Q1 of this year.  
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04
Feb
2021

New players will enter the logistics market in Romania

by Property Forum
Avison Young experts estimate that Bucharest will continue to attract over 40% of industrial developments in the coming years, and then regional cities will recover.
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04
Feb
2021

MLG Group prepares first project in Austria

by Property Forum
Polish industrial and logistics developer MLP Group continues its expansion strategy welcoming Austria to its portfolio. The developer has successfully acquired a plot to develop a new urban project MLP Business Park Vienna, located in the north-eastern part of Vienna in close proximity to the S2 expressway. The undeveloped land has a total area of 98,249 sqm and will offer almost 55,000 sqm of leasable space upon development completion. The transaction was liaised by the real estate advisor Otto Immobilien /Knight Frank.
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03
Feb
2021

Czech industrial rents could increase by up to 10% in 2021

by Property Forum
The fourth quarter of 2020 closed a year full of changes and upcoming trends on the Czech industrial market. Despite the pandemic, the industrial segment proved stable, and there was a significant acceleration in the development of e-commerce, and specifically the digitalisation of the entire retail sector. There remains a high demand for premises on the market from investors and clients, and this interest puts pressure on prices, which will increase significantly at premium locations in 2021, according to 108 Agency.
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03
Feb
2021

What the logistics sector will look like in the future

by Property Forum
E-commerce makes a major leap registering important figures globally, reaching 4.28 trillion dollars in 2020, an increase of 27.6% compared to 2019, and the demand for logistics services is on the rise. Here are the latest trends in the e-commerce and logistics sectors as predicted by futurologist Sean Culey – strategist, transformation advisor, and external consultant to P3 Logistics Parks. 
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03
Feb
2021

ELI kicks off new year with three new projects completed

by Property Forum
European Logistics Investment (ELI) has delivered three new development projects. The three latest completed developments in Bielsko-Biała, Ruda Śląska and Toruń will add 145,000 sqm of modern multi-purpose logistics space to the CEE market. The parks are 100% leased.
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Latest news


New leases

  • Raiffeisen Bank International AG will take up 1,500 sqm of office space in Monopol office centre in Warsaw. The lease was negotiated by Colliers International.
  • KiK is a new tenant in Funshop Park Focșani, developed by Scallier. The store of 640 sqm will open this year.
  • 108 Agency has secured a lease of 7,800 sqm of commercial space for company Van Eupen in P3 Lovosice with a strategic position in the desired location in the Ústí nad Labem region.

New appointments

  • CBRE Romania has promoted Florin Ianculescu-Popa to Director of Valuation within the Valuation & Advisory team.
  • Romanian developer One United Properties has appointed a certified expert accountant, Cosmin Samoilă as Chief Financial Officer.
  • Cornelia Dragomir has been promoted to Associate Director Valuation within the Valuation & Advisory team of CBRE Romania.


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