ARTICLES LABELLED WITH TAG industrial

26
Oct
2016

Prologis delivers fourth logistics facility in Szczecin

by Ákos Budai
Prologis has started construction of a speculative facility totalling 9,200 square metres at Prologis Park Szczecin. The building is 60 percent pre-let to an international furniture company, which will occupy a total of 19,600 square metres in the park, including space in the new development. The building is scheduled for completion in the first quarter of 2017.
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26
Oct
2016

Norges acquires 50% stake in CEE logistics portfolio

by Ákos Budai
Norway’s sovereign wealth fund has acquired a 50 percent interest in a logistics portfolio comprising eight buildings and developable land in Poland, the Czech Republic and Hungary, in a joint venture with Prologis. During the same period, three logistics properties in France have been sold.
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18
Oct
2016

Budapest industrial market closes strong quarter

by Ákos Budai
Total leasing activity amounted to 84,600 sqm on the Budapest industrial market in Q3 2016, which marks a 9% decrease on the previous quarter and a 37% ascent on a yearly basis.  The Budapest Research Forum has published its quarterly industrial market analysis.
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18
Oct
2016

Prologis Park Teresin announces two new tenants

by Ákos Budai
Prologis has signed two new lease agreements totalling 15,750 square metres at Prologis Park Teresin.
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17
Oct
2016

Sony DADC expands at Prologis Park Pilsen-Štěnovice

by Ákos Budai
Prologis has signed two lease agreements with Sony DADC, a disc and digital solution provider for the entertainment, education and information industries, totalling 20,450 square metres at Prologis Park Pilsen-Štěnovice.
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12
Oct
2016

Czech industrial stock continues to grow

by Ákos Budai
In Q3 2016, industrial space totalling 60,200 sqm was added to the Czech Republic’s industrial property market and there was 474,800 sqm of storage and industrial space under construction at the end of the quarter. The Industrial Research Forum has announced its preliminary industrial market figures for Q3 2016.
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10
Oct
2016

Prologis expands in Bratislava

by Ákos Budai
Prologis has announced that it will begin construction of a 21,140 sqm speculative facility at Prologis Park Bratislava to meet high demand from customers throughout the region. The building, DC15, will be situated on a 22.6-hectare plot of land that was acquired by Prologis in the second quarter of 2016. The plot has a build-out potential of an additional 66,000 square metres. DC15, like all newly built Prologis facilities, will be submitted for BREEAM accreditation.  
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29
Sep
2016

New deal in Warsaw distribution centre

by Ákos Budai
KRM Poland, a distribution branch of the shoe retailer Ecco, has significantly expanded its warehousing and operations at Bokserska Distribution Center in Warsaw. The company is introducing its e-commerce platform to the facility and will occupy more than 10,500 sqm. Knight Frank, the manager of the property, advised the owner, UK & European in the transaction.
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27
Sep
2016

New lease signed in Panattoni Park Kraków III

by Ákos Budai
The Polish branch of Berner, a European direct seller, has signed a lease for more than 2,900 sqm of warehouse and office space in Panattoni Park Kraków III. The developer Panattoni was represented by Cushman & Wakefield.
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27
Sep
2016

Declining vacancy triggers industrial developments in Hungary

by Attila Bacsa
The European industrial and logistics investment market experienced a record breaking H1 investment volume this year, despite a slower Q2. In Hungary, the vacancy rate slipped to 6.6%, and developers’ activity is on the rise according to the latest research data of CBRE.
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Latest news


New leases

  • Online grocer Barbora has leased around 3,000 sqm in the Park City Logistics Katowice I logistics park.
  • Reka Rubber Polska, a manufacturer of rubber products has leased almost 2,000 sqm of warehouse space in MLP Poznań West. Rock Estate agency helped to negotiate the deal.
  • International design studio Buro Happold has extended its lease in the central-Warsaw Spektrum Tower building owned by Globalworth. The company occupies 1,300 sqm of office space.

New appointments

  • Globalworth announces that Andreas Papadopoulos, Chief Financial Officer, has informed the Board that he wishes to resign from his role but that he will stay on for an interim period, leaving the company by 30 April 2022.
  • Máté Bihari has been appointed Director of Leasing and Sales by Horizon Development in Hungary. He joined the Horizon Development team in 2017, where he played an important role in leasing commercial projects.
  • Nikola Ristivojevic has started a new position as Director of Capital Markets at Coreside Savills in Serbia. He previously worked as Senior Consultant at CBS International, a member of Cushman & Wakefield Alliance.


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