News - Panattoni launches construction of Panattoni Park Ruda Śląska V
29
Aug
2023

Panattoni launches construction of Panattoni Park Ruda Śląska V

by Property Forum
Panattoni has launched the construction of its fifth park in Ruda Śląska. The new project will comprise two buildings with a combined area of 66,300 sqm. Santander has awarded a loan of €30 million for the development of the park and already half the space in the complex has been leased by Regesta.
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News - Globalworth completes solar plant in Oradea warehouse
29
Aug
2023

Globalworth completes solar plant in Oradea warehouse

by Property Forum
Globalworth, the developer of office and industrial projects in Romania, has completed a solar plant installation on the rooftop of its Industrial Park West in Oradea.
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News - Czech industrial companies increasingly run on solar energy
28
Aug
2023

Czech industrial companies increasingly run on solar energy

by Property Forum
Developers, tenants, and owners of industrial and warehouse space in the Czech Republic are currently investing heavily in their solar power plants. This trend reflects not only the progressive modernisation of the energy sector but also the gradual move away from dependence on fossil fuels. Within this wave of innovation, we are also seeing extensive technological modifications being carried out in parallel on many buildings, aiming at an overall cut in energy consumption. One of the largest rooftop solar power plants to date is at the Urbanity Campus Tachov industrial park, with a reported installed capacity of 5 MW and an approximate annual production of more than 5,000 MWh of electricity, says 108 Agency in its latest report. 
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News - Panattoni to build new hall for Korea's Hanon Systems in Kladno
28
Aug
2023

Panattoni to build new hall for Korea's Hanon Systems in Kladno

by Property Forum
Panattoni will build a new hall for Hanon Systems, a Korean manufacturer of parts for air conditioning and cooling systems for cars, in the Kladno-South industrial zone. The entire existing site with the existing hall will also undergo modifications. 
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News - Panattoni's new hall in Pilsen to house Panasonic production
28
Aug
2023

Panattoni's new hall in Pilsen to house Panasonic production

by Property Forum
Panattoni Park Pilsen West II has a new tenant, Panasonic Heating & Ventilation Air-Conditioning Czech. The hall's premises with a total area of over 24,600 sqm will be used for the production and storage of control boards for air conditioners and heat pumps manufactured in the Czech Republic. 
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News - GLP Wrocław V Logistics Park to expand by more than 86,000 sqm
28
Aug
2023

GLP Wrocław V Logistics Park to expand by more than 86,000 sqm

by Property Forum
GLP has started the construction of another warehouse at Wrocław V Logistics Centre. Developed in the Wrocław metropolitan area, the warehouse park in Magnice is one of Poland’s largest logistics projects. The latest stage of the project had already been fully leased before the start of construction.
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News - Accolade reaches 1.3 million sqm of leased space in Poland
25
Aug
2023

Accolade reaches 1.3 million sqm of leased space in Poland

by Property Forum
Halfway through 2023, Accolade’s portfolio amounts to over 1.3 million sqm of total leased space across 26 industrial parks in Poland. The industrial property investor maintains their strong position in several Polish regions, including Western Pomerania, Kuyavia-Pomerania, Lubuskie, and Podlaskie.
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News - Poland's industrial market claims a podium finish
25
Aug
2023

Poland's industrial market claims a podium finish

by Property Forum
According to the latest report from Cushman & Wakefield, gross warehouse take-up in Poland stabilized at over 1 million sqm in Q2 2023. Furthermore, at the end of June 2023, there was 2.1 million sqm under construction, with the relatively strong development activity being driven by higher rents encouraging investors to launch new projects. In addition, Poland entered the top three EU markets in terms of warehouse stock, jumping into third spot behind Germany and France.
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News - Total warehouse stock in Poland exceeds 30 million sqm
24
Aug
2023

Total warehouse stock in Poland exceeds 30 million sqm

by Property Forum
According to the newest report prepared by Newmark Polska, in the second quarter of 2023, the total warehouse and industrial stock in Poland surpassed 30 million sqm. Both tenants and developers exhibited caution in decision-making, which resulted in a decline in leasing activity and construction volumes. Meanwhile, warehouse availability in existing facilities increased.
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News - FineStore leases almost 10,000 sqm in CTPark Bucharest North
24
Aug
2023

FineStore leases almost 10,000 sqm in CTPark Bucharest North

by Property Forum
Industrial developer CTP has delivered a warehouse of almost 10,000 sqm in CTPark Bucharest North for FineStore, the largest online liquor retailer in Romania. The lease transaction was advised by iO Partners. 
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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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