GLP has begun construction of its second logistics centre of 57,000 sqm in Gliwice, in southern Poland, following the signing of a new lease agreement with a leading logistics company.

Romanian industrial developer Global Vision has launched a new technology and innovation division, with a strategic aim of implementing custom AI solutions across its portfolio of real estate and green energy projects. 

CTP has started the construction of its new 46,600 sqm industrial and logistics park in Toruń, Poland. On a plot of more than 14 hectares, adjacent to key traffic arteries, the developer will build two facilities with a total area of more than 46,600 sqm. CTPark Toruń will be an urban warehouse with flexible lease modules for small businesses - known as CTBox and CTFlex. The first phase of the development is scheduled for completion in the last quarter of 2025.

Demand for industrial spaces is stabilising across Europe, as indicated by the recent European Logistic Update report from Cushman & Wakefield. In the Czech Republic, the situation is returning to pre-pandemic levels, driven primarily by manufacturing and logistics companies.

Warehouse tenants are adopting increasingly advanced technologies to meet client requirements, but at the same time, they also need to be mindful of employee wellbeing. Standard buildings in industrial parks are not enough. Companies need customised warehouses and tailor-made solutions, say experts from Newmark Poland.

Hungarian developer Faedra Group has kicked off the construction of two industrial and logistics warehouses in Budapest, covering a total of more than 21,000 sqm, following an investment of more than €23 million. 

European Logistics Investment (ELI), a logistics platform operating in the Polish market owned by Redefine Properties, Madison International Realty, and Griffin Capital Partners, has completed the construction of two warehouses in Silesia. The first is in Knurów and has been fully leased to Fortaco Group; the second is located in Ruda Śląska and is let to Konimpex.

Romania’s industrial stock totaled 7.3 million sqm during H1 2024, while new projects spanning 700,000 sqm were under various development stages, according to a report by Colliers.

IAD Investments has bought almost 80 hectares of land from Valaliky Industrial Park for the construction of an industrial park for suppliers of the Volvo car company near Košice, Eastern Slovakia.

NewCold, specialized in automated and cold chain international logistics, has entered the Romanian market through a 9-hectare land plot acquisition from WDP in northern Bucharest, for an undisclosed sum. The land is located close to the new A0 ring road of Bucharest.