News - Automotive drives 10-year industrial demand in Romania
26
Oct
2023

Automotive drives 10-year industrial demand in Romania

by Property Forum
The automotive industry had a share of 56% of the total demand for production spaces in industrial projects between 2013 and H1 2023, according to CBRE data.
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News - TAS Logistyka leases 15,000 sqm at CTPark Warsaw South
24
Oct
2023

TAS Logistyka leases 15,000 sqm at CTPark Warsaw South

by Property Forum
CTP has leased 15,000 sqm of warehouse space to Polish logistics operator TAS Logistyka at CTPark Warsaw South. The company will launch activities for a client from the electronics and household appliances sector there.The new warehouse space will be used for the storage of household goods, as well as in-plant logistics and co-packing services. 
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News - Panattoni starts construction on largest city logistics park in Poland
24
Oct
2023

Panattoni starts construction on largest city logistics park in Poland

by Property Forum
Panattoni is to deliver 44,000 sqm to the Raben Group – one of the largest logistics operators in Poland. The City Logistics Poznań III park, which is to be the largest development in this sector, will be built on the outskirts of the city on ul. Obodrzycka.
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News - Infogroup to extend industrial park in Kecskemét
24
Oct
2023

Infogroup to extend industrial park in Kecskemét

by Property Forum
Just a few months after the handover of the first 21,000 sqm speculative industrial and logistics hall of IGPark Kecskemét South, Infogroup started the construction of a new building. The new hall is scheduled to be handed over in q4 2024.
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News - Czech industrial stock under construction hits records
24
Oct
2023

Czech industrial stock under construction hits records

by Property Forum
The modern industrial stock reached almost 11.5 million sqm, as nearly 183,000 sqm of new space was delivered to the Czech market in Q3 2023. Demand for industrial space slowed down in Q3 2023 reaching only 181,700 sqm. Speculative development slightly increased to 41% of the over 1.4 million sqm currently under construction, continuing the trend of the previous three quarters. The vacancy rate decreased by 22 basis points compared to the previous quarter, and remained low at 1.5% Prague’s average highest achievable rent has remained stable, reaching around €7.50-7.70 per sqm per month, the Industrial Research Forum (IRF) reports. 
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News - Ostrava Airport opens new cargo terminal
23
Oct
2023

Ostrava Airport opens new cargo terminal

by Property Forum
Ostrava Airport has opened an air cargo terminal called Cargo 2 at the airport in Mošnov in the Novojičín region (25 minutes south of Ostrava). It cost CZK 139 million (€5.6 million) to build and was constructed by the Ostrava company HSF System. The terminal will increase the airport's capacity and improve the quality of cargo handling, the Czech News Agency (ČTK) reports.
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News - EKR leases 14,735 sqm in Mureș City Logistics
23
Oct
2023

EKR leases 14,735 sqm in Mureș City Logistics

by Property Forum
Elektrokontakt Romania (EKR), a subsidiary of ELEKTROKONTAKT GMBH, has leased 14,735 sqm for the next 10 years in Mureș City Logistics, jointly developed by Globalworth and Global Vision. Following this deal, the project has reached full occupancy rate.
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News - ESA logistika leases over 31,000 sqm in 7R Park Tczew III
19
Oct
2023

ESA logistika leases over 31,000 sqm in 7R Park Tczew III

by Property Forum
7R started the construction of 7R Park Tczew III. The first tenant is ESA logistika Polska, a leading logistics operator, which will occupy more than 31,000 sqm.
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News - Nunner secures almost 23,000 sqm at Hillwood & LCube Wrocław East
18
Oct
2023

Nunner secures almost 23,000 sqm at Hillwood & LCube Wrocław East

by Property Forum
Nunner Logistics has signed a lease agreement for 22,869 sqm of warehouse space and 285 sqm of office and social space at Hillwood & LCube Wrocław East park, currently under construction in Dobrzykowice near Wrocław. Construction work is underway and is set to be completed by next July. The project is being developed in partnership between Hillwood and LCube, with Hillwood acting as investor and LCube as Development Manager, coordinating the development of the facility.
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News - Panattoni gets financing for 50,000 sqm development near Gdańsk
18
Oct
2023

Panattoni gets financing for 50,000 sqm development near Gdańsk

by Property Forum
Panattoni has been awarded a loan of over €32 million from mBank to develop the first building of Panattoni Park Tricity East V. Regesta is to operate its largest logistics centre in Poland from the centre.
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Latest news


New leases

  • Bolton Romania has leased 306 sqm of office space in the Bucharest-based River Plaza. The deal was brokered by Fortim Trusted Advisors.
  • IWG has leased 1,297 sqm for a flexible workspace in the Egros Office project in Iași.
  • DHL Supply Chain has leased 3,000 sqm for its new European HQ in Budapest-based Liberty Offices, in a deal brokered by iO Partners. DLA Piper Hungary acted as DHL’s legal advisor.

New appointments

  • Věra Hordóssyová has joined GARBE Group as Account and Financial Manager. She brings over 20 years of experience in finance and accounting, having held roles such as Chief Accountant and Financial Controller.
  • Krzysztof Szargawiński has joined Avison Young Poland’s Office Agency team as an Associate Director. In his new role, Krzysztof will be responsible for leading the department’s projects in the Wrocław region. He brings over 20 years of experience in the Polish commercial real estate market, gained primarily in Wrocław, Warsaw, and Katowice.
  • 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.

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