ARTICLES IN Industrial TOPIC

30
Jan
2020

7R to build eco warehouses in Poland

by Property Forum
7R is the first warehouse developer in Poland to create an innovative eco-friendly warehouse – 7R Green. The company's main goal is to provide facilities in which ecological solutions will help minimize their impact on the natural environment. Construction of the first warehouse, designed in keeping with the new green concept, will start in the first half of the year.
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27
Jan
2020

Element Industrial completes first stage of Bucharest logistics park

by Property Forum
Element Industrial has completed the first phase of the Eli Park 1 logistics park in Chitila, northwest of Bucharest. The 20,000 sqm warehouse is leased to appliance producer Arctic, part of Turkish group Arcelik.
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24
Jan
2020

Budapest’s industrial market is driven by renewals

by Property Forum
Total demand on the Budapest industrial market amounted to 88,230 sqm in Q4 2019, indicating a 16% decrease on a yearly basis. Leasing activity was driven by renewals (86%), followed by expansion (12.8%) and new leases (2.6%). The Budapest Research Forum published its quarterly industrial market analysis.
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24
Jan
2020

Panattoni expands in Białystok

by Property Forum
Panattoni Europe continues its expansion in north-eastern Poland. The developer has leased out 100 per cent of space at Panattoni Park Białystok I and announced the development of the second distribution centre in the heart of Podlasie. Additional 35,000 sqm will be delivered this year at Panattoni Park Białystok II.
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13
Jan
2020

Romania’s industrial market continues its strong performance

by Property Forum
Demand for industrial and logistics space in Romania in 2019 reached a total of about 476.000 square meters, a value comparable to that of 2018, when the transactions amounted to a total of 514.000 square meters, according to JLL.
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13
Jan
2020

Panattoni acquires land in Silesia to build 70,000 sqm park

by Property Forum
Panattoni has acquired a 14.4-hectare site at ul. Miedziana to build City Logistics Katowice. Construction works at the park, anticipated to feature 70,000 sqm at full build-out, will commence before year-end.
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04
Jan
2020

Globalworth launches mixed-use project in Constanța

by Property Forum
Globalworth Industrial, the industrial and logistics sub-brand of Globalworth, has begun construction at Constanța Business Park, the largest mixed-use project in Romania. The business park is being developed on a plot of some 100 hectares and will include industrial and logistics, production and service space, as well as office buildings and an intermodal hub.
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17
Dec
2019

Prologis builds speculatively in Prague

by Property Forum
Prologis has started the development of a 21,000 square meter speculative facility at the fully occupied Prologis Park Prague-Uzice in the Czech Republic. The facility will be completed in Q2 2020 and it will offer flexible space solutions for all types of business – logistics/storage or production, with unit sizes starting at 4,500 square meters. It has further development potential for up to another 42,000 square meters.
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11
Dec
2019

CTP proceeds with portfolio BREEAM certification

by Property Forum
CTP recently announced Arcadis, ADP and CEVRE as winners of the tender for certifying CTP’s entire portfolio of buildings. Winners were chosen based on track record, capability, ESG activity and cost. Key to the winning the tender was sufficient resources available to certify all 293 buildings in six countries within the timeframe. CTP plans to have all 293 buildings certified by the end of June 2020. The certification process will require close cooperation and transparency among the various parties and each party has dedicated teams to complete the task by the agreed deadline. In total, CTP expects to invest up to €1.2 million into the certification process.
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10
Dec
2019

Poland’s secondary industrial locations draw investor interest

by Property Forum
Over the years, warehouse locations outside Poland’s five largest regions have attracted limited interest from institutional investors. However, along with the development of the country's road network and increasing difficulties in recruiting employees in major Polish metropolitan areas, new locations are becoming increasingly attractive for tenants and landlords. In fact, according to a report by JLL, Hillwood Poland and ManpowerGroup, these factors may well translate into higher investment volumes in emerging markets in the next few years.
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