ARTICLES LABELLED WITH TAG industrial

25
Oct
2021

Patria buys newly-built logistics property in in Southern Bohemia

by Property Forum
Patria Logistics-Retail Fund, managed by Patria Investment Company, successfully finalised the purchase of the Plana Logistics Park (PLP), located in Plana nad Luznici, Southern Bohemia. PLP is the third property acquired to the Fund and increases the total number of real estate assets owned and controlled by PIC to eight.
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25
Oct
2021

M7 acquires last-mile logistics asset in Budapest

by Property Forum
M7 Real Estate, the pan-European investor and asset manager specialising in multi-tenanted properties, announces that it has fully deployed the capital raised on behalf of M7 CEREF II, its value-add fund targeting logistics and office investments in key Central European markets. The final acquisition is Pallag 43, a modern, last-mile logistics asset in the north of Budapest acquired from a private investor for €9.6 million.
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25
Oct
2021

Highest achievable industrial rent in Prague might reach €6.00 soon

by Property Forum
Prime headline rents have increased slightly to a new level of €5.20 sqm/month in the Czech Republic and €5.50 sqm/month in the Greater Prague region during Q3 2021. The Industrial Research Forum published its fresh industrial market figures.
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22
Oct
2021

Industrial joint venture worth €90 million launches in Romania

by Property Forum
Element Industrial Founder Ionuț Dumitrescu and Sacha Dragic, the Founder of Superbet Group, have launched a new joint venture in the industrial and logistics sector. The development company will be formed through the association of ELI and D Craig Real Estate, the property division of D Craig Holding, controlled by Sacha Dragic. Anca Damour has been named CEO of D Craig Real Estate. 
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21
Oct
2021

Crossbay makes two acquisitions in Warsaw and Łódź

by Property Forum
Pan-European logistics platform Crossbay has purchased 100,000 sqm of warehouse space in two sites in Warsaw and Łódź. Both sites were acquired from Panattoni Europe, a developer of logistics and industrial space, for an undisclosed sum
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20
Oct
2021

WDP’s ongoing investments in Romania at €102 million

by Property Forum
Belgian WDP, the developer of industrial and logistics projects, says it has ongoing investments of around €102 million in several Romanian cities with deliveries expected by the first quarter of 2022.
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19
Oct
2021

CTP expects accelerated yield compression

by Property Forum
Accelerated yield compression is expected for year-end 2021 after Q3 2021 valuations, CTP announced in a portfolio update.
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18
Oct
2021

CTP buys seven industrial buildings in Romania

by Property Forum
CTP, the industrial and logistics developer, has acquired seven buildings covering 153,000 sqm from Olympian Parks Group for an undisclosed sum. The assets are located in Brașov, Timișoara, and the south of Bucharest, which are some of the cities with the biggest stock of warehouses.   
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14
Oct
2021

VGP enters the Budapest market

by Property Forum
VGP enters the Budapest market by purchasing a 38 ha development site at the strategic location of Üllő, adjacent to Budapest Liszt Ferenc International Airport. The development potential of VGP Park Budapest Aerozone is approx. 125,000 sqm.
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14
Oct
2021

Q1-Q3 property investments in Romania at €570 million

by Property Forum
Commercial real estate investments in Romania amounted to €570 million in the first nine months, down 29% compared to the same period of 2020, according to JLL Romania. The Bucharest market attracted 70% of the total investment volume, mainly in the office segment. 
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Latest news


New leases

  • From March 2022, Skyliner will become the new headquarters of the Polish branch of Colonnade. The insurer will occupy the area of 1,500 sq m. The company operates in the field of “non-life” insurance products for corporate and individual clients.
  • 108 Agency Hungary has mediated a lease of 5,000 sqm for Citronex at WLP Budapest East Business Park. Citronex is a Polish family company that has been on the market since 1988, setting the highest standards in many diverse industries.
  • 108 Agency Slovakia has secured a lease of 3,392 sqm for a confidential client in the Plus Centrum office building located in Bratislava.

New appointments

  • Diófa Fund Management has appointed Gábor Pozsgai as the company's new advisor to the Board of Directors. He will be responsible for the development and efficient operation of the sales strategy framework.
  • Colliers Poland is developing its Workplace Innovation department – Karolina Dudek, PhD has just joined the team as Associate Director. She will use her skills in organisational diagnosis, knowledge of research methodology and design management expertise to support the shaping of sustainable work environments.
  • Cromwell Property Group has appointed Piotr Goździewicz as senior investment manager for Central and Eastern Europe. He will be responsible for executing a variety of investment strategies of Cromwell and its capital partners in the region with a focus on Poland, Czech Republic and Slovakia.


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