While the leasing of industrial spaces crossing for the first time the 1 million sqm milestone in 2022, the deliveries of new projects will total around 550,000 sqm during this year, which should take the total stock to a fresh high of 7 million sqm, according to real estate consultancy CBRE. 

The new facility in Ecser, not far from the Liszt Ferenc International Airport, will offer 47,000 sqm of industrial space for local and foreign companies from 2024.

Accolade has completed a new logistic park in Elbląg, the first Class A warehouse in this area. The 20,000 sqm industrial park is fully leased to its two tenants: Flex and DPD.

ELI Parks, the network developed by Element Group and D Craig Real Estate, will kick off a new logistics and industrial project in Oradea. The companies will invest €22 million in the new park that will have a leasable area of 30,000 sqm. 

Romania’s industrial and logistics market expanded by over 500,000 sqm during 2022, with around half of all deliveries based in the Bucharest region, according to a report by real estate consultancy Colliers. 

VGP has acquired a new tenant for its newly prepared technology park in Ústí nad Labem, situated in the northern part of the Czech Republic at a 90-kilometre distance from Prague. The new tenant in Hall A at VGP Park Ústí nad Labem City is Bosal, a company from the automotive industry.

Last year MLP Group recorded very good results as regards contracts signed with tenants. During the period, the Polish developer of logistics facilities leased in approximately 240,000 sqm of space. The largest number of contracts were signed at the MLP Pruszków II park near Warsaw and MLP Poznań West. This year the level of commercialisation is planned to go up by about 20%.

The new facility in the HelloParks Fót industrial and logistics centre will serve the needs of the global film industry, investor Virtual Europe Group (VEG) reports.

A new inner city warehouse, Gdynia City Logistics, will be built in Gdynia on Północna Street, just 9 km from the city centre, less than 30 minutes drive from the airport and 10 minutes from Gdynia Port. Torus, as part of the diversification of its operations under the name Torus Logistics and in cooperation with BTV Real Estate, has just received a decision on land development conditions.

Building warehouses at post-industrial sites is more difficult and complicated than greenfield projects. It takes more time and money. Brownfield sites are, however, an excellent alternative for developers facing a shortage of land. Brownfield redevelopment is also aligned with sustainability and urban renewal, say Jakub Kurek, Head of Industrial and Warehouse, Newmark Polska, and Michał Rafałowicz, Regional Director, Newmark Polska.