20
May
2024
May
2024
SBU space market flourishes in Warsaw
Warsaw is a great place to locate small business units (SBUs). Although small and flexible warehouse modules have been trending for years, it takes several months to secure prime space in such facilities in the Polish capital, say experts of Newmark Polska.
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15
May
2024
May
2024
DP World completes €86 million logistics investments in Romania
DP World has opened three new logistics sites in Romania following combined investments of €86 million in a move designed to increase cargo flow capacity in the country.
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14
May
2024
May
2024
Panattoni receives €21 million for warehouses in Kraków
Panattoni has received financial support for the development of the City Logistics Kraków III project. The €21 million loan granted by mBank will make it possible to finalise the construction of this logistics park located in Kraków’s Nowa Huta district.
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13
May
2024
May
2024
Neopak leases 10,500 sqm near Warsaw from Panattoni
Industrial packaging distributor Neopak is to move its main warehousing facilities to Panattoni Park Warsaw South IV, where it is to occupy over 10,500 sqm of warehouse and office space.
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13
May
2024
May
2024
Real Management gets funding for construction of warehouse near Warsaw
Real Management has signed a loan agreement with mBank for over €14 million in funding for construction of the Good Point V warehouse and production park in Łubna near Warsaw.
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09
May
2024
May
2024
Manufacturers in Romania drive industrial market demand in Q1 2024
The industrial and logistics market in Romania recorded new lease deals for around 200,000 sqm in Q1, with most of the demand generated by manufacturers, FMCG and logistics operators, according to a Cushman & Wakefield Echinox report.
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30
Apr
2024
Apr
2024
108 Real Estate expands in Romania
Property consultancy 108 Real Estate has announced its expansion in Romania, where it will focus on the industrial segment.
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25
Apr
2024
Apr
2024
Industrial vacancy up again in Budapest in Q1 2024
The vacancy rate at the end of Q1 2024 reached 8.9% in Greater Budapest, representing a 0.3 percentage points increase quarter-on-quarter, while an increase of 3 percentage points was registered year-on-year, the Budapest Research Forum reports.
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25
Apr
2024
Apr
2024
VGP signs €1 billion deal for 10 parks
VGP NV and AREIM Pan-European Logistics Fund AB have announced the signing of an initial transaction between VGP and its 50:50 joint venture SAGA. The target investment is reaching €1.5 billion.
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24
Apr
2024
Apr
2024
GLP begins construction of 67,000 sqm warehouse near Wrocław
GLP has begun construction of a new 67,000 sqm warehouse at Wrocław V Logistics Centre in Magnice, Poland. The building is expected to achieve a BREEAM "Outstanding" level certification.
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Latest news
- Jet Investment buys logistics park near Gdańsk
- MLP Group starts new industrial project near Warsaw
- AFI Group to purchase new resi rental project in Prague
- Andrzej Wroński takes helm at 7R
- Next logistics cycle in CEE to reward patience
- EAM completes €70 million logistics project near Warsaw
- Wing appoints new Deputy CEO
- Arete secures €30 million financing from PKO for Polish project
- Scallier to develop new retail park in Darłowo
- Harden Construction reaches 1 million sqm milestone in Poland
New leases
- Griffes has announced the leasing of 6,000 sqm of office space in Bucharest-based Unirii View. Out of the total volume, 2,000 sqm represent new tenants joining the tenant roster, while three tenants expanded operations and grew their space take-up in the building.
- The first Gorąco Polecam store in Lubin has opened at BIG Lubin retail park. The new 151 sqm unit is in a newly designed development building featuring a large 160 sqm patio.
- Worldbox has entered the Romanian market with its first store at Scallier's Funshop Park in Vaslui. The multi-brand store covers more than 660 sqm and offers clothing, footwear and accessories in the casual and sportswear segment.
New appointments
- Balázs Kun has joined Avison Young Hungary as Director, Industrial, Land & Development. He brings over 5 years of experience in the Hungarian real estate market, most recently serving at CBRE in the Industrial and Logistics department.
- CBRE Investment Management announced the firm is evolving the leadership model in its EMEA Direct Real Estate business. Under the enhanced structure, Rik Eertink will assume the role of President and CIO of EMEA Direct Real Estate, after serving as President of EMEA Direct Real Estate for the past five years.
- Nhood has appointed Mihaela Petruescu as the new Country Director for Property Services Romania & Poland as of October. She previously held leadership positions at large real estate firms, such as Cushman & Wakefield Echinox and CBRE Romania.
