ARTICLES LABELLED WITH TAG industrial

News VGP announces 80% increase in net profit
26
Feb
2021

VGP announces 80% increase in net profit

by Property Forum
Logistics developer and investor VGP announced a record net profit of €370.9 million for 2020 which is an 80.4% y-o-y increase. The company announced its financial results for 2020.
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News Industrial markets in SEE stand on the verge of a major boom
25
Feb
2021

Industrial markets in SEE stand on the verge of a major boom

by Ákos Budai
The industrial segment has stood out as the most resilient sector to the crisis and the markets Serbia, Croatia, Slovenia and Bulgaria present a huge opportunity for further growth. Boško Tomašević MRICS, Managing Director SEE at CBRE talked to Property Forum about investment market expectations and shared the company’s expansion plans for the Balkans region.
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News Accolade fund’s portfolio value reaches €700 million
24
Feb
2021

Accolade fund’s portfolio value reaches €700 million

by Property Forum
Accolade published its results for 2020. Last year saw the expansion of the portfolio area by 30%, almost 400 new qualified investors and a year-on-year return of 10,02%. The biggest industrial real estate fund in the Czech Republic now owns a total of 16 industrial parks in the Czech Republic, Poland, and Germany with an area of 936,304 sqm.1,200 investors benefit from the rental income which was increased by 35%, in 2020.
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News TCC enters Europe’s logistics market and recruits Ian Worboys
24
Feb
2021

TCC enters Europe’s logistics market and recruits Ian Worboys

by Property Forum
Trammell Crow Company (TCC), one of the largest real estate development companies in the U.S., announced the launch of logistics development capabilities in Europe.
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News Demaco receives planning permit for new development
24
Feb
2021

Demaco receives planning permit for new development

by Property Forum
Czech industrial developer Demaco obtained a planning permit for the construction of an industrial hall of 18,245 sqm of a built-up area in the DMC Kvasiny industrial park. This is the largest permitted hall ready for construction near the Škoda Auto plant in Kvasiny, where the successful Superb, Kodiaq and Karoq models are produced.
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News eMAG to open new industrial park near Bucharest this summer
22
Feb
2021

eMAG to open new industrial park near Bucharest this summer

by Property Forum
eMAG announces that in the summer of this year, an area of ​​100,000 sqm will be put into use from the industrial park from Joiţa, at km 19 of the A1 highway, which will have a total area of ​​130,000 sqm. All automation will be ready by September 2022, when the entire logistics center will be operational. The investment amounts to €90 million and was announced last year.
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News 1 million sqm of warehouses were traded last year in Romania
18
Feb
2021

1 million sqm of warehouses were traded last year in Romania

by Property Forum
The local market for logistics and industrial spaces accelerated expansion in 2020 both in terms of demand, which approached the threshold of 1 million sqm, and in terms of deliveries of new spaces, which reached an area of ​​649,000 sqm, both indicators reaching new records, according to real estate consulting company Cushman & Wakefield Echinox.
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News Prologis expects disruptions from the pandemic to continue
18
Feb
2021

Prologis expects disruptions from the pandemic to continue

by Property Forum
Disruptions from the pandemic are poised to continue, according to the Prologis Logistics Rent Index. Lockdowns and other COVID-19-related situations may constrain customers’ operations, though the volatility is expected to be less severe than in 2020 as many customers now have better supply chain visibility.
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News Strong demand drives up prices on Czech industrial market
17
Feb
2021

Strong demand drives up prices on Czech industrial market

by Property Forum
There is currently a shortage of industrial and logistics space on the Czech market, in addition to a lack of land suitable for their construction. This is mainly due to growing demand and the fact that local governments aren’t motivated by tax benefits to allow their construction. The situation is most evident in the vicinity of large cities, and also affects the growth of rent levels. Moreover, it has also caused a new trend in the form of the extension of rent contracts. The first new projects of over 20,000 sqm can only be expected in the second half of 2022. 
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News Warehouse developers are more cautious in launching new schemes
17
Feb
2021

Warehouse developers are more cautious in launching new schemes

by Property Forum
The highest ever 5.2 million sqm of warehouse space was leased in 2020 as a result of significant changes in consumer behaviour in this exceptional year. The industrial and logistics sector was the fastest to adapt to the new requirements linked with the COVID-19 pandemic, quickly adopting supply chains and ensuring health and safety to workers and customers. 2020 was also the year of rapid growth of all segments related to the e-commerce sector. In the coming years, e-commerce will set the pace of development for the entire warehouse market in Poland. AXI IMMO presents their report Polish Industrial & Logistics Market in 2020.
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Latest news


New leases

  • Croda Poland, a company that supplies specialty chemicals for the production of pharmaceuticals, cosmetics, household chemicals and crop protection products, will lease more than 510 sqm in the Unity Square One building. JLL was responsible for both tenant and landlord representation in the transaction process.
  • Angelini Pharma Polska, one of the leaders of the pharmaceutical market in Poland, has once again extended its lease agreement for warehouse and office space in MLP Pruszków I. The tenant has been using approximately 1,5000 sqm of space in this logistics centre for 21 years. This makes Angelini Pharma Polska one of the longest-cooperating tenants of MLP Group.
  • Kärcher, a supplier of professional cleaning equipment, has chosen the second phase of LogiCube Park for its new 1,000 sqm service and logistics center in Hungary. Additionally, MedRes, a company operating in the healthcare sector, has begun moving in and will soon commence production in the same project. The leasing was overseen by 108 Real Estate, the strategic partner of the park’s investor.

New appointments

  • Elżbieta Majdan is joining the Property & Asset Management team at Savills Poland as an Associate Director. Elżbieta brings 15 years of experience in managing and commercialising retail properties, gained while implementing key projects on the Polish market.
  • Savills Czech Republic announces new hires and promotions within its valuation team. Daniel Duchek has joined as a Senior Valuer, Alena Arnoldová has strengthened the team as a Junior Valuer, and Ivana Horáková has been promoted Valuer. Under the leadership of Marek Pohl, the team now consists of seven consultants specialising in the valuation of a wide range of assets – from commercial, residential, and hospitality properties to leisure, healthcare facilities, and land.
  • Ewa Nowak, a commercial property valuer, has joined the Valuation Department of international real estate advisory firm Newmark Polska as Senior Associate.

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