Articles in INDUSTRIAL topic

07
Mar
2024

CTP net rental income up 20.1% in 2023

by Property Forum

Industrial developer CTP recorded a 20.1% gain of net rental income to €543.2 million in 2023 compared to the previous year over a combination of indexation and reversion on renegotiations and expiring leases.

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04
Mar
2024

Jysk's logistics centre to serve 6 CEE countries from Hungary

by Property Forum

The country's largest distribution facility was opened in 2022 and offers 143,000 sqm of industrial space on the outskirts of Budapest.

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04
Mar
2024

CTP lets 60% of new addition to CTPark Prague North

by Property Forum

CTP has signed three key ten-year leases in its most sustainable industrial park near Prague, comprising more than 60% of a new 32,000 sqm building that will be delivered by the end of Q2 2024 at CTPark Prague North.

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04
Mar
2024

Arete secures building permit for expansion in Dunajská Streda

by Property Forum

The expansion of Arete Park Dunajská Streda has received a building permit. It will offer an additional 13,000 sqm of modern space for storage, logistics or light manufacturing, within driving distance of Bratislava, Budapest and Vienna.

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29
Feb
2024

DVM Group and Greenfield Development launch JV in Hungary

by Property Forum

The alliance aims to combine the decades of construction experience of the DVM Group and the extensive industrial general contracting experience of Greenfield Development. However, the new partnership does not represent a merger.

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29
Feb
2024

Panattoni receives financing for Ruda Śląska asset

by Property Forum

Panattoni has recently started construction of another hall within Panattoni Park Ruda Śląska II. Now the company has secured financing for the investment. The €9.4 million loan was provided by Millennium Bank.

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27
Feb
2024

P3 welcomes new tenant in Ostrava

by Property Forum

The S3 hall in P3 Ostrava Central has been leased to retailer Bezvapostele.cz. The company is planning to operate a sales warehouse in the building from August 2024.

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27
Feb
2024

Panattoni hands over new centre near Lublin

by Property Forum

Panattoni continues its investments in the East of Poland with the handover of another development in the Lublin region. The first tenants are now starting their operations in Panattoni Park Lublin IV.

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26
Feb
2024

First 7R Green Saver warehouse gets financing

by Property Forum

Construction is underway for 7R's inaugural Green Saver product in Kąty Wrocławskie, Poland, aimed at reducing both CO2 emissions and operating costs. 7R Park Wrocław West II has just secured a total of PLN 87 million (€20.3 million) in financing from Bank Pekao S.A.

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23
Feb
2024

CTP expands Warsaw warehouse park by 67,000 sqm

by Property Forum

CTP has expanded the Polish capital’s warehouse market by more than 67,000 sqm through the delivery of two new buildings at CTPark Warsaw South. This completion means the industrial and logistics complex in Mszczonów, near Warsaw, is now almost 90 per cent complete.

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Latest news

New leases

Sanofi Romania is relocating its HQ to Bucharest-based Equilibrium 2 office building, developed by Skanska. The company will occupy the 9th floor of the building starting June 2026.
ConvergenCE has signed a long-term agreement with Etalon-Informatika Kft., which will set up its new office in the Budapest-based CityZen project on an area of nearly 700 sqm. The company is expected to move in during 2026.
Kanał Sportowy, one of Poland’s leading sports media platforms, and Zdrofit, the country’s largest fitness club chain, will continue their presence at Konstruktorska Business Center in Warsaw. Kanał Sportowy will maintain its lease of 512 sqm, while Zdrofit will continue to occupy 1,000 sqm.

New appointments

Daniel Orczyk has been named Senior Project Manager at the technical advisory department of Avison Young in Poland. He is a licensed structural engineer and building site manager with over 20 years of experience.
Łukasz Meisner has joined Peakside Capital Advisors as Head of Project Management. He will be responsible for the management of Peakside's investment projects in Poland, including overseeing the implementation of key investments within the City Point, Urban Parks, and Peakside Industrial logistics platforms.
Peakside Capital Advisors is strengthening its Polish structure, expanding its expertise in investment management and development project execution. Łukasz Meisner has joined the team as Head of Project Management. He will be responsible for the comprehensive management of Peakside's investment projects in Poland, including overseeing the implementation of key investments within the City Point, Urban Parks, and Peakside Industrial logistics platforms.