Industrial developer WDP saw a 15.2% growth of its rental income to €80.9 million in the first quarter of 2023 compared to the same period of last year, while its EPRA earnings rose 18% to €62.7 million in the same period, according to a company report. 

A new industrial building has been constructed in CTPark Prague West near Prague, which holds a record 92.1% ‘BREEAM New Construction’ sustainability certification score of ‘Outstanding’, making it the ‘greenest’ industrial building in the Czech Republic. The warehouse, which was built under strict environmental measures, features a range of innovative solutions contributing to energy efficiency, as well as facilities to support local animals, abundant greenery, and a charging station for electric vehicles.

Regesta S.A., a logistics services provider, has leased nearly 36,000 sqm in Panattoni Park Tricity East V. Its new facility will enable it to cooperate with the nearby seaport, offer container handling in the Baltic Hub and the BCT, and expand its sea transport services. The tenant was represented during the transaction process by the real estate advisory firm Newmark Polska.

Panattoni has started the development of a third building with an area of almost 40,000 sqm in the Panattoni Park Bielsko Biała IV park. As much as 22,000 sqm is to be leased by Polmotors. The company is to employ around 1,000 people in a factory, which is to serve markets across the globe. Upon completion, the Panattoni Park Bielsko Biała IV development is to comprise three buildings with a combined area of over 100,000 sqm. The complex is almost fully commercialised.

Panattoni launched the construction of Panattoni Park Lublin IV in March. Eventually, the centre will comprise almost 55,000 sqm. The main support for the development is €32.8 million of financing from Alior Bank.

VGP has concluded a lease contract with Dachser Czech Republic for the lease of new space in VGP Park České Budějovice, situated in the Světlík commercial zone. The hall, with an area of 14,000 sqm will be tailor-made for Dachser, a leading provider of logistic services in Europe. The expected completion date and delivery of premises for use is already in October of this year. The company currently leases another hall in the park, with a total area of 9,424 sqm and with the new building will be expanding its operations at that same location.

Panattoni launches another factory project for a global industrial giant. One of the leading names in home appliances and electronics will start using a 40,000 sqm factory before the end of 2023. The BTO centre is being built in Western Poland and is to be used for the production of home appliances in an investment of over €80 million. 

The latest investment by Accolade in Poland will be located in Świdnik and provide easy access to the Lublin region. It will offer 54 000 sqm of modern warehouse space. The industrial park in Świdnik will consist of two buildings. The majority of the space was already leased to three companies from the manufacturing and logistics industries. The park will be located just 1 km from the border of the city of Lublin, where Accolade already has another warehouse park. Accolade has been present in the region since 2015, and their investment here will amount to over 130,000 square meters, with the total value of the investment in Lublin voivodeship amounting to €115 million.

CTP Group is aiming to double the size of its pan-European network of business parks to 20 million sqm of leasable space by the end of the decade, over the projected growth of demand across Central and Eastern Europe. 

Panattoni is building another strategic development for the Warsaw market. The developer has been granted €57 million in financing from Bank Pekao SA for the development of Panattoni Park Nadarzyn II, which is to become one of the largest business and industrial platforms in the region.