News - CTP welcomes several new tenants in Ostrava
03
Mar
2023

CTP welcomes several new tenants in Ostrava

by Property Forum
CTP has welcomed several prominent tenants to one of its parks in Ostrava in a short period of time. Companies such as UPS Healthcare, Savera Components CZ, Europapier, and Gebrüder Weiss have moved their activities to CTPark Ostrava Poruba, into which CTP has so far invested approximately €40.4 million (CZK 950 million).
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News - CTP records net rental income gain of 38.3% in 2022
03
Mar
2023

CTP records net rental income gain of 38.3% in 2022

by Property Forum
Industrial developer CTP's net rental income amounted to €452.1 million in 2022, which was an increase of 38.3% year-on-year, while like-for-like rental growth was 4.5% last year, mainly driven by reversion on expiring leases and renegotiations, and supported by the 2021 indexation of 1.7%. The company's annual profit decreased by 22.4% from €1,025.9 million in 2021 to €796.5 million in 2022.
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News - Panattoni launches works on 90,000 sqm near Wrocław
02
Mar
2023

Panattoni launches works on 90,000 sqm near Wrocław

by Property Forum
Panattoni is extending the Panattoni Park Wrocław Logistics South Hub. The first stage comprising 120,000 sqm of speculative space has been fully commercialised during its construction. The developer is now to build a further 90,000 sqm on the same basis to be delivered in Q3 this year. 
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News - MDC² develops new warehouse complex in Gliwice
02
Mar
2023

MDC² develops new warehouse complex in Gliwice

by Property Forum
Construction works have already started at MDC² Gliwice Park. The facility will consist of three buildings with a total area of over 57,000 sqm, located on a plot of 13.4 hectares. The first of the three buildings is scheduled to be commissioned at the turn of July and August 2023, and the opening of the other two at the turn of September and October 2023. The first tenants will move into the park in the third quarter of this year.
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News - P3 Romania leases 98,500 sqm in 2022
02
Mar
2023

P3 Romania leases 98,500 sqm in 2022

by Property Forum
Industrial developer P3 Logistic Parks has secured leasing contracts for over 98,500 sqm of logistics and office space in Romania during 2022 over higher demand from the retail, logistics and transport sectors. 
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News - Polish industrial market heads for stability
01
Mar
2023

Polish industrial market heads for stability

by Property Forum
Take-up hits its second-highest on record as new supply sets an all-time high – that’s the story of the Polish industrial market in 2022 in a nutshell. According to the latest report from Cushman & Wakefield, development activity is expected to be more muted in the coming months, with the market entering a phase of stability. 
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News - CTP delivers 15,000 sqm at Sofia Airport
28
Feb
2023

CTP delivers 15,000 sqm at Sofia Airport

by Property Forum
CTP has delivered a state-of-the-art 15,000 square metre logistics development at CTPark Sofia Airport to its anchor tenant DSV, the third-largest logistics company in Europe and one of the top ten globally. This second development for Danish-headquartered DSV doubles its total footprint at CTPark Sofia Airport to approximately 30,000 sqm.
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News - CTP to add PV power station in Bucharest project
27
Feb
2023

CTP to add PV power station in Bucharest project

by Property Forum
Industrial developer CTP Romania will install a photovoltaic power station with a capacity of 1.5 MW in its CTPark Bucharest project as part of its investments in green energy. 
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News - VGP records 18.4% hike of rental income in 2022
24
Feb
2023

VGP records 18.4% hike of rental income in 2022

by Property Forum
Industrial and logistics developer VGP said its contracted rental income stood at €303.2 million in 2022, up 18.4% compared to 2021, while its volume of new delivered projects reached a record 1.1 million sqm. 
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News - First Polish warehouse gets BREEAM Outstanding certificate
23
Feb
2023

First Polish warehouse gets BREEAM Outstanding certificate

by Property Forum
Panattoni has received an "Outstanding" rating under the BREEAM International New Construction system for Panattoni Park Szczecin III (halls A and B). This is the first such high level of certification in the industrial real estate market in Poland for a newly built investment. Its implementation was preceded by detailed life-cycle cost (LCC) and life-cycle analysis (LCA) of the facility for a period of 60 years. During construction, energy and water consumption were carefully monitored, harmful CO2 emissions were minimized, and thermal imaging was performed upon completion. The halls have been adapted to climate change and a possible change of use in the future. The project is located just 500 meters from public transportation and is accessible to people with disabilities.
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Latest news


New leases

  • Griffes has announced the leasing of 6,000 sqm of office space in Bucharest-based Unirii View. Out of the total volume, 2,000 sqm represent new tenants joining the tenant roster, while three tenants expanded operations and grew their space take-up in the building.
  • The first Gorąco Polecam store in Lubin has opened at BIG Lubin retail park. The new 151 sqm unit is in a newly designed development building featuring a large 160 sqm patio.
  • Worldbox has entered the Romanian market with its first store at Scallier's Funshop Park in Vaslui. The multi-brand store covers more than 660 sqm and offers clothing, footwear and accessories in the casual and sportswear segment.

New appointments

  • CBRE Investment Management announced the firm is evolving the leadership model in its EMEA Direct Real Estate business. Under the enhanced structure, Rik Eertink will assume the role of President and CIO of EMEA Direct Real Estate, after serving as President of EMEA Direct Real Estate for the past five years.
  • Nhood has appointed Mihaela Petruescu as the new Country Director for Property Services Romania & Poland as of October. She previously held leadership positions at large real estate firms, such as Cushman & Wakefield Echinox and CBRE Romania.
  • Daniel Orczyk has been named Senior Project Manager at the technical advisory department of Avison Young in Poland. He is a licensed structural engineer and building site manager with over 20 years of experience.

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