News - GLP starts construction of 56,000 sqm warehouse near Kraków
30
Oct
2023

GLP starts construction of 56,000 sqm warehouse near Kraków

by Property Forum
GLP has started construction of a new warehouse in Niepołomice near Kraków. The sole tenant of GLP Kraków III Logistics Centre will be MCG EastBridge, a new brand from the Maszoński Logistic portfolio, marking the largest lease transaction in terms of square footage on the Polish warehouse market in H1 2023. 
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News - Yusen Logistics leases whole 7R Park Wrocław West II
26
Oct
2023

Yusen Logistics leases whole 7R Park Wrocław West II

by Property Forum
7R has fully leased 7R Park Wrocław West II for Yusen Logistics. The tenant will occupy nearly 43,000 sqm in the facility. This is one of the largest leases this year.
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News - Leroy Merlin extends lease in Logicor Stryków
26
Oct
2023

Leroy Merlin extends lease in Logicor Stryków

by Property Forum
Logicor has re-signed long-term customer Leroy Merlin, the French hypermarket chain, in an agreement that will see them expand their current facility at Logicor Stryków in Central Poland. Under the agreement, Leroy Merlin will occupy c.50,000 sqm of warehouse space there, which will be used as their main distribution centre for stores across Poland and the wider region.
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News - MLP Group to launch new city logistics project in Łódź
26
Oct
2023

MLP Group to launch new city logistics project in Łódź

by Property Forum
MLP Group is embarking on a project to develop its second logistics park within the Łódź urban area. MLP Business Park Łódź will deliver more than 30,000 sqm of city logistics space, some of it designated for light manufacturing. The project will undergo the BREEAM New Construction certification of ‘Excellent’. The first facilities are expected to be available for occupancy by mid-2024.
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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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Latest news


New leases

  • Cordon Electronics, a specialist in electronics and advanced technologies, has renewed its lease agreement at MLP Pruszków II, in the immediate vicinity of Warsaw. The company will continue to occupy a total of 7,770 sqm of modern space, a footprint that includes 458 sqm dedicated to office operations.
  • mBank, the digital banking company in Poland, has decided to relocate its largest corporate branch in Lower Silesia to the Infinity office building in Wrocław. The company will occupy nearly 1,300 sqm on the fourth floor of the building. The tenant will move into the development owned by Avestus Real Estate and Alchemy Properties in January 2027.
  • GSP Global Solutions Provider has further expanded its cooperation with CTP by leasing an additional nearly 7,000 sqm in CTPark Budapest Vecsés on a long-term basis.

New appointments

  • Krzysztof Wróblewski (MRICS) has been named Head of Portfolio Management CEE at Peakside Capital Advisors, responsible for overseeing investments and managing the real estate portfolio. He succeeds Christopher Smith in this role.
  • Garbe Industrial is reorganising its senior leadership team. CEO Christopher Garbe will now focus on strategic orientation and international activities. Jan Philipp Daun assumes leadership of the Development division alongside his existing Investment and Joint Venture responsibilities. Andrea Agrusow expands her remit to include Portfolio Management while retaining control of Commercial and Real Estate Management. Additionally, Michael Marcinek and Maik Zeranski will now jointly head the restructured Development unit as Management Board Members, succeeding Adrian Zellner.
  • CPI Property Group is strengthening its leasing structure with the appointment of Agnieszka Baczyńska as Head of Leasing. In her new role, she will be responsible for shaping and executing the leasing strategy across the group’s office and retail portfolio in Poland. At the same time, Izabela Potrykus has been appointed Leasing Office Director. Baczyńska brings more than 20 years of experience in the commercial real estate market. Prior to joining CPI Property Group in 2022, she served as International Leasing Director at Neinver Polska.

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