ARTICLES LABELLED WITH TAG industrial

News Demand for Czech industrial space soars in Q1 2021
29
Apr
2021

Demand for Czech industrial space soars in Q1 2021

by Property Forum
In Q1 2021, industrial take-up on the Czech market registered an increase of 147% compared to the same quarter of the previous year. The Industrial Research Forum announced industrial market figures for Q1 2021.
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News EBRD invests €67 million in VGP’s green bonds
29
Apr
2021

EBRD invests €67 million in VGP’s green bonds

by Property Forum
The European Bank for Reconstruction and Development (EBRD) has successfully subscribed to a €67 million ticket as part of an inaugural eight-year €600 million green bond issuance by VGP NV, a pan-European provider of logistics and semi-industrial real estate. EBRD’s investment will support the development of sustainable semi-industrial and logistics parks in Hungary, Latvia, Romania and the Slovak Republic.
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News Industrial project deals in Romania double in Q1
29
Apr
2021

Industrial project deals in Romania double in Q1

by Property Forum
The industrial and logistics market in Romania recorded leasing deals for around 200,000 sqm in the first quarter of 2021, a volume that is double compared to the same period of 2020, according to a report by real estate consultancy firm Cushman & Wakefield Echinox. 
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News Prologis starts new development in Budapest
28
Apr
2021

Prologis starts new development in Budapest

by Property Forum
Prologis has started a new speculative development at Prologis Park Budapest-Sziget II which is set to be delivered by the end of the year. A new 11,600 sqm warehouse building is now under development at the park, where 48,000 sqm of potential development space remains available.
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News Czech and Polish cities rank among cheapest warehousing locations globally
28
Apr
2021

Czech and Polish cities rank among cheapest warehousing locations globally

by Property Forum
According to the latest Savills research, at figures ranging between €4.60-5.30 per sqm per month, out of 54 markets analysed, Prague and the Polish cities of Katowice, Wrocław, TriCity and Poznań are among the ten cheapest locations for renting a modern warehouse globally. In Europe, Poznań (€4.68/sqm/month) is the most cost-effective location with only certain cities in India and Vietnam having lower overall warehousing property costs.
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News Pre-leases drive Budapest’s industrial market
23
Apr
2021

Pre-leases drive Budapest’s industrial market

by Property Forum
Total demand on Budapest’s industrial market amounted to 81,820 sqm in Q1 2021, indicating some 3% increase on the volume measured in the corresponding period of the previous year. Pre-leases dominated the demand with a share of 45%, according to the BRF’s quarterly report.
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News WDP plans expansion in Romania with new assets
23
Apr
2021

WDP plans expansion in Romania with new assets

by Property Forum
Belgian logistics developer WDP announced that it is buying several land plots near Bucharest and aims to develop a new logistics centre in Transylvania. The company is currently finalising the acquisition of new land positions in the Bucharest region in the amount of €10 million, WDP announced in an interim statement for Q1 2021.
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News Work starts on Panattoni Park Wrocław West Gate
19
Apr
2021

Work starts on Panattoni Park Wrocław West Gate

by Property Forum
Work has begun on the construction of Panattoni Park Wrocław West Gate, which will eventually have an area of around 47,000 sqm. The park’s first tenant will be Schumacher Packaging – a producer of cardboard packaging (including corrugated), which in September is to occupy 5,670 sqm.
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News Element Group buys land for logistics project near Pitești
19
Apr
2021

Element Group buys land for logistics project near Pitești

by Property Forum
Real estate developer Element Group has announced the acquisition of a new land plot of 2.7 hectares, close to A1 highway, at the entrance of Pitești city, in southern Romania. 
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News M7 buys urban logistics schemes from 7R in Silesia
19
Apr
2021

M7 buys urban logistics schemes from 7R in Silesia

by Property Forum
M7 Real Estate, on behalf of its M7 CEREF II Fund, acquired two urban logistics schemes from 7R. Avison Young represented the seller as the exclusive agent throughout the transaction.
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Latest news


New leases

  • Exact Sciences, a global leader in molecular diagnostics and early cancer detection, has chosen the LIXA campus in Warsaw for its new Polish international enabling hub. The company has joined the tenants of the LIXA D office building, leasing a total of over 1,800 sqm of modern space on the first floor of the building at ul. Giełdowa 5 in Warsaw.
  • The Embassy of the Republic of the Philippines has moved to Bucharest-based SkyTower, operating out of a 580 sqm space under a 5-year lease agreement. The building also hosts the Embassy of the Republic of Korea in Romania.
  • De Heus, a producer of animal feed, which has built a strong presence in the Polish market, has leased 7,050 sqm of warehouse and office space at GLP Łódź III Logistics Centre. This is the first Class A warehouse of De Heus in Poland. The tenant was advised by specialists from Newmark Polska during the search for the right space and throughout the lease negotiations.

New appointments

  • Activ Property Services has announced the appointment of Ionuț Grigoraș as Partner in the industrial department. With more than 14 years of experience in the real estate sector, Grigoraș has worked with leading companies such as CTP, WDP, VLParks România, Logicor, P3, MDO, and MLP Group.
  • MLP Group strengthened its management structures. Maciej Müldner, a manager with over 30 years of experience in finance at international corporations and banks, joins the Management Board. He will be responsible for further strengthening the Group’s financial position.
  • Indotek Group has welcomed Viktor Nagy, who joined us in September as Head of Non-Retail Sales. With more than 20 years of experience in the real estate sector, Viktor has held leadership positions at international companies such as Immofinanz, EHL Real Estate Hungary and Atlas Estates. In his new role, he will be responsible for further developing our non-retail sales strategy and strengthening international relations.

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