ARTICLES IN Industrial TOPIC

30
May
2019

Strong speculative supply on the Czech warehouse market

by Property Forum
At the end of Q1 2019, the total modern Class A industrial stock in the Czech Republic stood at 7.97 million sqm. In the first three months of 2019, the Prague industrial market has exceeded the magical milestone of 3 million sqm, confirming its position as the largest industrial market in the country, followed by the Pilsen and South Moravian markets, according to JLL:
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23
May
2019

CTP’s new Sibiu development takes shape

by Property Forum
CTPark Sibiu II will receive its first tenants in about two months. The park has a total area of 9 hectares and in the first stage, 13,200 sqm are built-up and pre-leased. At present, only 2,600 sqm are available, the rest of the space is already leased to two companies. Upon completion of all the buildings in the park, the investment in its development will total about €23 million. This is the second investment of CTP in Sibiu after the expansion of a factory completed last year, but it is the first CTP premium logistics park with more tenants in the area.
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23
May
2019

Panattoni to start 100,000 sqm project in Wroclaw

by Property Forum
Soon after announcing the construction of S5 Wrocław North Gate, Panattoni Europe revealed another project in Lower Silesia – Panattoni Park Wrocław XI. The investment, planned to total 100,000 sqm, has become number one for Pantos Logistics. The company will take up 72,000 sqm in the park to run operations for LG Chem, LG Electronics and others. The project as a whole is scheduled for completion on 30 November 2019.
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23
May
2019

White Star to start new warehouse project in Budapest

by Property Forum
White Star Real Estate is starting construction of a new business park, named park22, which is adjacent to the Campona Shopping Centre in southern Budapest. This multi-phase offers prospective tenants flexible solutions that reflect today’s market needs including warehouses with mezzanine office units and independent office spaces. In the course of implementing the project, special emphasis is being given to maintaining a healthy balance between green space and buildings, as the 15-hectare site will comprise of 60,800 sqm of lettable warehouse and office space and 53,500 sqm of greenery.
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23
May
2019

Good quarter for Poland’s industrial market

by Property Forum
The first quarter of 2019 proved to be a very good one for the industrial sector in Poland - the gross take-up exceeded 800,000 sqm with more than 620,000 sqm being delivered to the market, and approx. two million sqm under construction. JLL summarized the situation on the Polish industrial market at the end of Q1 2019.
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09
May
2019

CTP develops new logistics park in Sibiu

by Property Forum
CTP will develop a new logistics park in Sibiu on an area of 9 hectares with an investment of €23 million.
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09
May
2019

Lidl opens logistics centre in Eastern Romania

by Property Forum
Lidl has opened its first logistics centre in the eastern part of Romania, in the town of Roman, Neamt county.
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09
May
2019

CTP builds new parks in Western Bohemia

by Property Forum
CTP has launched two new industrial parks just outside of Plzeň, on the D5 highway connecting the Czech Republic with Germany. Up to 46,000 sqm of space will become available for new clients in the initial phases of construction in CTPark Cerhovice and Blatnice.
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09
May
2019

LPP signs major warehouse lease in Slovakia

by Property Forum
LPP SA, the biggest Polish clothing manufacturer in Central and Eastern Europe (owner of five fashion brands: Reserved, Cropp, House, Mohito, and Sinsay) in line with its development strategy for the coming years, leased 25,400 sqm of industrial space from PNK Group in PNK Park SEREĎ in Slovakia. The contract provides for an option to lease another 7,300 sqm in the same building within three years. Therefore, the company could occupy the entire second building of the PNK Park SEREĎ with an area of 32,700 sqm. JLL acted as a consultant for the preparation and execution of this lease contract which is one of the biggest transactions recently recorded in the Slovak market.
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02
May
2019

Panattoni Europe builds 73,000 sqm of space in Tychy

by Property Forum
Panattoni Europe has embarked on the construction of Panattoni Park Silesia South in Bieruń, 7 km from the centre of Tychy. The project will total 73,000 sqm, and its first tenant is Havi Logistics, poised to take up 13,000 sqm. The 35,000 sqm to be delivered in phase one of the project will be available already in the coming October. HAVI was advised in the deal by JLL.
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