ARTICLES IN Industrial TOPIC

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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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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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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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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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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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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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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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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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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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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