In Q2 2023, the Greater Budapest speculative industrial stock increased by 65,580 sqm, adding six buildings to the stock, while in Regional Hungary, one new building was handed over. The vacancy rate at the end of Q2 2023 was 8.6% in Greater Budapest, an increase of 270 basis points quarter-on-quarter and an increase of 220 basis points year-on-year, the Budapest Research Forum (BRF) reports.

Halls A1 and B1, completed in the first phase of Wing’s East Gate Pro Business Park development, located near Budapest, have received a BREEAM International New Construction certification with a “Very Good” rating. The first phase has 100% occupancy. Hall A2 is scheduled to be completed in late summer.

Panattoni has secured financing for its first project in Bytom as Bank Pekao awarded an €80 million loan for the construction of Panattoni Park Bytom.

Logistics company Orbico has chosen Park P3, located close to Poznań, as the location for its new warehouse. The 10,000-square-meter facility is located between the S11 dual carriageway and the A4 highway. The warehouse opened, earlier this year, at the beginning of July. JLL provided consulting support in selecting the location for the facility's lease.

Trumpf Huettinger, which specialises in the design and production of advanced industrial electronics, is opening its seventh building in the fourth location in the Warsaw metropolitan area. The company has leased nearly 25,400 square meters of production and warehouse space at CTPark Warsaw East in Kobyłka, owned by CTP. At its latest Polish facility, Trumpf Huettinger will launch the largest production of control cabinets for the high-tech industry in Europe. Colliers facilitated the lease transaction of the CTPark Warsaw East building.

Romanian medical equipment distributor Dentstore has expanded its leased warehousing capacity in CTPark Bucharest to 8,500 sqm in a bid to accommodate higher demand from Romania and Bulgaria.

Sofia has experienced steady growth in its industrial space market during the first half of 2023. With a total stock of over 4.0 million sqm of ready-to-use space and an additional 252,000 sqm under construction, the city is witnessing an upward trend. These findings are part of the latest industrial report, issued by the real estate company MBL. 

Exyte Technology will lease 12,600 sqm at VGP Park Ústí nad Labem City as a new tenant. There will be 3 halls in total within the VGP Park, one will be finished this year, and the other two are being prepared.

Regesta, a specialist provider of road transport, forwarding and logistics services, has renewed its lease for more than 17,000 sqm of warehouse, office and social space in Park Tychy DC1. The tenant was represented during the lease negotiations by Newmark Polska.

Panattoni is beginning the construction of City Logistics Kraków Airport II, a speculative project worth €34 million. It will be located near Balice Airport - the second-largest airport in the country.