ARTICLES LABELLED WITH TAG Europe

News Panattoni expands brownfield portfolio
26
Apr
2023

Panattoni expands brownfield portfolio

by Property Forum
Panattoni increasingly invests in post-industrial land. The share of brownfield sites in the developer's overall portfolio is steadily increasing. In countries such as Germany, France and the Czech Republic, they now even make up more than half of all of its projects under development. Altogether, this type of development now accounts for one-third of the total space completed by Panattoni in Europe and they are a perfect fit with the sustainable development strategy followed by the developer.
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News European offices and logistics remain shielded from energy shocks
25
Apr
2023

European offices and logistics remain shielded from energy shocks

by Property Forum
According to Savills’ latest research, European offices and logistics are the two commercial real estate sectors most shielded from energy shocks as utility costs account for a relatively small share of total business spending.
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News The ongoing rental growth in logistics is unprecedented
24
Apr
2023

The ongoing rental growth in logistics is unprecedented

by Ákos Budai
Markets like Poland have recorded rental growth of 20% and the upward trend is visible almost everywhere across P3 Logistic Parks’ European portfolio. During MIPIM, Property Forum sat down with David Marquina, Chief Development Officer of European Development at P3, to talk about the drivers of European logistics markets and to find out what’s next for the developer.
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News WDP records 15.2% growth of rental income in Q1 2023
19
Apr
2023

WDP records 15.2% growth of rental income in Q1 2023

by Property Forum
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. 
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News Logistics continues to outperform despite economic uncertainty
17
Apr
2023

Logistics continues to outperform despite economic uncertainty

by Property Forum
According to Savills' latest European logistics outlook, the take-up of industrial and logistics space across the continent totalled 37.5 million sqm in 2022. Despite ongoing economic uncertainty, this signifies a fall of only 6% on 2021’s total of 40.2 million sqm, which was a record high for the sector.
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News CTP aims to double in size by 2030
13
Apr
2023

CTP aims to double in size by 2030

by Property Forum
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. 
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News European office landlords must act to fight obsolescence by 2030
29
Mar
2023

European office landlords must act to fight obsolescence by 2030

by Property Forum
More than three-quarters (76%) of Europe’s office buildings are at risk of obsolescence by the end of this decade unless landlords invest in improvements or find alternative uses for it. This is the warning from Cushman & Wakefield in its latest report.
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News Real estate investments are regaining attractiveness
24
Mar
2023

Real estate investments are regaining attractiveness

by Property Forum
Europe’s largest retail estate fair, MIPIM, which took place in Cannes last week, has shown that the industry was on the move. Interestingly enough, the market mood is by no means as negative as is frequently suggested. On the contrary, Arnold Investments reports lively interest from international investors. The focus is particularly on properties of up to €50 million. “Many deals are about to be finalized”, summarizes Markus Arnold, CEO and sole owner of Arnold Investments.
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News American investments in Czech CRE total €321 million in 2022
15
Mar
2023

American investments in Czech CRE total €321 million in 2022

by Property Forum
According to Savills latest research, pricing levels are increasingly attracting North American investors to European real estate. In 2022, North Americans invested more than Europeans cross the border, €48 billion compared to €36.6 billion, which is 31% above the five-year average for the former. In the Czech Republic, investors from North America spent €321 million in 2022 (40% above the five-year average), while European buyers (excluding domestic capital) acquired assets worth €459 million.
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News Mitiska REIM inks strategic partnership with STORO
13
Mar
2023

Mitiska REIM inks strategic partnership with STORO

by Property Forum
European convenience real estate investor Mitiska REIM has announced a strategic joint venture partnership with Belgium-based self-storage company, STORO. As part of the agreement, Mitiska REIM, on behalf of the MEREP 3 fund, has purchased a stake in STORO’s self-storage sites.  
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Latest news


New leases

  • Maidan rented a 1,460 sqm space in the Bucharest-based Dageco Expozitiei Estate complex, for three functions: the company's offices, an event hall with a capacity of 170 people and the central catering kitchen. The lease was overseen by Fortim Trusted Advisors, member of the BNP Paribas Real Estate Alliance.
  • Vattenfall IT Services Poland will move to Grundmann Office Park A. It will occupy approximately 2,600 sqm in the Katowice office building owned by Cavatina Holding.
  • Panattoni Park Łódź West III is gaining a new tenant from the 3PL sector. Italian company Barth Italiana will occupy more than 5,500 sqm of space at the complex.

New appointments

  • Ewelina Szczepaniak joins the office space leasing team of CPI Property Group in Poland as Leasing Manager – Offices. She will strengthen a department responsible for the lease of 20 office buildings in Warsaw with a combined area of 516,000 sqm.
  • Julia Faltus-James, an accredited professional in WELL, ActiveScore and “Green Home” certifications, and Szymon Krawczyk, an energy transition expert, have joined the Strategic Consulting & ESG Advisory team of Cushman & Wakefield.
  • Management Board of Globe Trade Centre has announced that on the 3rd of December, the company received a written statement from György Stof on his resignation as a Member of the Company's Management Board.

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