Faedra Group, acting as developer and general contractor, has successfully sold its new, fully leased greenfield logistics development Faedra22 in Budapest. Throughout the marketing process, a German capital source was selected as the ideal buyer, Colliers reports. Selling Faedra 22 logistics park marks the first sizeable transaction by a foreign buyer in Hungary in 2024 so far.

P3´s hall with an area of 42,331 sqm and an atypical floor plan is capable of accommodating an entire train unit. It is located in Lovosice Cargo, Czech Republic.

Having secured the necessary building permit, the 7R Group is set to launch its first warehouse development in the Czech Republic. 7R Park Lavičky D1 Highway is strategically located along the Prague-Brno connecting road.

Hillwood Poland’s 15 buildings have been certified BREEAM In Use at the Excellent level, completing the certification for the company’s entire portfolio. Obtaining the certificates was the result of cooperation with JWA, a consulting firm specializing in green solutions for commercial real estate.

The industrial park near the East Slovak village of Veľká Ida is getting another factory. A Belgian developer is building it, DennikN.sk reports.

Yusen Logistics, a global logistics provider, has leased 19,000 sqm in CTPark Bucharest, owned by CTP, for the next five years, in a deal brokered by CBRE.

The extension of ARETE Park Plzeň Borská pole for Czech logistics and technology company Zásilkovna has been completed and handed over to the tenant for use.

CTP has signed a €90 million loan agreement with Erste Bank Hungary Zrt. and Erste Group Bank AG to finance 4 logistics and industrial assets in Hungary. The multi-borrower financing is for 7 years. EY Budapest and White&Case Prague advised and provided legal services for Erste Bank, while CTP Hungary was represented by Kinstellar Budapest.

Entalpia Europe, a provider of HVAC-R solutions, has become the first tenant of the Hillwood Łazy logistics centre. Entalpia Europe has leased 14,000 sqm of warehouse space and 1,200 sqm of office space and will commence operations at the facility in Q3 2024.

VGP is starting the construction of new warehouses in its VGP Park Ústí nad Labem City. Building B is being prepared for the Czech logistics company RTR-Transport a logistika s.r.o.