A new distribution centre for Tesco is being built at SEGRO Logistics Park Poznań. The company will start operations in the BTS building comprising over 30 000 sqm at the turn of September and October 2016. Deliveries to 140 retail outlets in the northern and north-western regions of Poland will be completed from the new central warehouse.
Prologis has announced that it will deliver an additional 20,500 square metre facility for Mall.cz, an online consumer goods and electronics store at Prologis Park Prague-Jirny. The building is scheduled for completion in the third quarter of 2016.
Demand for industrial space lifted significantly in Q1 2016 in Budapest industrial markets and the hegemony of BTS projects has not broken yet. In the Budapest-South submarket vacancy rate dropped to 4.4% triggering two speculative projects, CBRE reports.
Prologis has announced that it has completed a 30,000 square metre expansion of a distribution facility in Rawa Mazowiecka – located in Central Poland – for Pepco, a leading clothing and houseware retailer. Construction ended three weeks ahead of schedule. Once operational, the facility will serve as Pepco’s Central European distribution hub.
Echo Investment has leased 8.5 thousand sqm of commercial space to the Kaufland chain in the shopping center at Opieńskiego Street. The store will be opened in April 2021.
Barbora, the owner of the e-grocery store Barbora.pl, has leased 6,000 sqm of warehouse and office space in Ożarów II Logistics Centre. The tenant was represented during the transaction process by Cushman & Wakefield.
The Wola Center office building has two new tenants. Instytut Monitorowania Mediów will take 900 sqm and Moovin, interior finishing company leased 300 sqm. Both deals were signed for 5 years. Wola Center is owned by Hines Polska.
New appointments
Olga Szczęsna has joined JLL Poland's Office Agency Department, where she has taken up the position of director. Olga will be responsible for the commercialization of buildings from the Patrizia portfolio, including N21, Metron and G9, as well as the Central Point building, currently under construction in the centre of Warsaw.
JLL Romania consolidates its industrial team by recruiting Ciprian Sîrbu in order to provide Supply Chain services on the local market. Ciprian Sîrbu has over 10 years of experience in logistics, e-commerce, and industrial supply chain, completed by 7 years in which he worked in the IT field. His role within JLL is to provide advice to customers in streamlining the supply chain like the need for such services increases.
Simona Costache has joined Romanian developer One United Properties as Executive Director, Residential Sales. With 15 years of experience in real estate, Simona has been involved in sales, rental and facility management for residential developers in Bucharest.
Property Forum is a leading event hub in the CEE real estate industry with nearly 10 years of experience. We organise conferences, business breakfasts and workshops focused on real estate, in London, Vienna, Budapest, Bucharest, Bratislava and Prague, amongst other locations.
I have read the Privacy Policy of International Property Network Inc. and I consent to International Property Network Inc. sending me newsletters and managing my personal data provided for this purpose.
