The airport operator company (BA) recovered 75% of its pre-COVID passenger traffic, now extends its cargo complex and prepares for a new terminal building.

The volume of industrial and logistics projects slated for delivery in Romania this year will reach at least 510,000 sqm, compared with 875,000 sqm in 2022, according to data from JLL Romania. 

Panattoni has started a new development in the Łódź region: Panattoni Park Łódź South II, which will eventually comprise an area of 57,000 sqm. The centre is to be located near the junction on the A1 motorway that joins with national road 12. 

7R has leased the entire space in the first stage of 7R Park Bydgoszcz. Thus, the complex is being prepared for expansion.

The upward trend in prime rents continues across European industrial and logistics projects due to steady demand for space, according to Garbe Research. The average rental growth for the main markets stood at €0.40 per sqm. 

Developer Garbe Industrial Real Estate CEE has completed the construction of the first building of its industrial park in Piešťany, Slovakia. The new development is in line with the company’s sustainable philosophy and the hall's roof features photovoltaic panels, which will be the primary renewable energy source.

Romanian e-commerce player eMAG has secured a financing of around €70 million from Alpha Bank for the development of a logistics hub near Budapest. 

Serbia’s emergence as a manufacturing base with a skilled cost-effective labour force in close proximity to neighbouring EU markets is driving a surge in leasings and built-to-suit developments across CTP’s four industrial and logistics parks in the country.

CTP is completing the construction of a new building at CTPark Prague North. The hall, with the working name D8.7B, will offer 32,000 sqm of facilities upon completion. The second hall, D8.7A, will be completed in August 2023. CTPark Prague North is located close to the capital city and also in close proximity to the D8 motorway. CTP will thus offer new space in a highly lucrative area, which has long been experiencing an overwhelming demand for modern and sustainable business space.

The Czech industrial real estate market in 2022 was again remarkably successful. It reached the highest annual new supply in the history of the market on the back of record-low vacancy and all-time high prime rents, JLL reports.