Panattoni has launched construction work on Wrocław Campus – its largest project in Lower Silesia – where it has already delivered 185,000 sqm. The developer has just begun the development of a 30,000 sqm building. Upon its completion in Q1 2024, the construction of a further 130,000 sqm is planned. The development costs for the two new buildings come to €116 million.

Prologis wants to help customers run their warehouses more efficiently and compete better. Therefore, it is launching Essentials, a new platform that aims to simplify the lives of companies, increase the efficiency of their warehouse operations and ultimately contribute to more functional global supply chains.

Kostal Automobil Elektrik, a German-headquartered system supplier to the automotive sector, has signed a lease for over 17,000 sq m of manufacturing space in Panattoni Park Lublin IV. The company was advised on the choice of location and during the negotiations by Cushman & Wakefield.

Panattoni has completed the development of a production plant for Reynaers Aluminium, a global supplier of aluminium profiles. It has been built in Żabia Wola just 35 km from Warsaw. The development has undergone BREEAM certification for a rating of Excellent. 

Turbo Garant, the Bulgarian subsidiary of Belgium's Turbos Hoet Group, opened a remanufactured turbocharger plant near Sofia on June 15th, an investment project worth €2.8 million, the company said in a press release.

Despite numerous challenges, businesses in retail and manufacturing view their current state better than they did a year ago. The sentiment of warehouse tenants is presented in the latest Confidence Index report jointly prepared by CBRE and Panattoni.

Żabka Group has unveiled its automated logistics centre in Radzymin, just outside Warsaw. This facility is the largest and most technologically advanced addition to Żabka Group's logistics infrastructure. Enhanced with an automated high-bay warehouse and an internal transport system, the centre has been specifically designed to expedite logistics services for the Group’s stores.

The first tenants have moved into the new logistics park at Maglód and Fót which has been developed by the Hungarian company HelloParks, a subsidiary of Futureal Group. The MG3 building at Maglód offers 46,000 sqm of modern industrial space while at Fót 26,000 sqm of logistics space is available in the FT6 building.

Internet retailer Amazon has opened its new robotic distribution centre in Kojetin, Přerov region, where it plans to employ up to 2,000 workers. This is Amazon's second distribution centre in the Czech Republic, but the new one is equipped with the most advanced robotic technology, the Czech News Agency (ČTK) reported.

According to Savills, growth in prime rents is set to remain robust across the continent having increased by 10.4% in the last four quarters. This is despite vacancy creeping up to 3.5% in Q1 2023, reflecting the impact of slower leasing activity.