ARTICLES LABELLED WITH TAG industrial

In 2017, the Polish industrial market continued to develop at a high level. The intense activity among developers, who delivered over 2.3 million sqm to the market, and among tenants who leased nearly 4.6 million sqm, led to another record for both sides – according to the latest report by Colliers International.

Prologis has signed four lease agreements totalling 62,700 square metres at its parks in Chorzów and Dąbrowa Górnicza, bringing its Silesian portfolio to 98 percent occupied.

This year, CTP will finish the developments began in 2017 in its parks situated near Cluj-Napoca and Timișoara and will continue the development of the logistics park located in the vicinity of Pitești.

The MLP Group has handed over a ready for use, 24,700 square meter warehouse facility to Żabka Polska S.A., located in the MLP Gliwice logistics park.

P3 has a strong pipeline of Romanian projects for 2018, the company announced. P3 plans to open new locations in Bucharest and the western part of the country.

Power Systems giant Rolls-Royce has appointed Cushman & Wakefield to an expanded role supporting its global property requirements following a competitive tender process.

Prologis has begun construction of a new 28,300 square metre speculative facility at Prologis Park Prague-Uzice in the Czech Republic. It will be the third building at fully occupied park and is scheduled to be completed by mid-2018.

2017 was a record breaking year for the Bulgarian office market with almost 200,000 sqm take-up in Sofia. The investment volume has also been the strongest ever with €1 billion invested in commercial property (land acquisitions included) from which income generating assets hold €870 million. Cushman & Wakefield Forton summarised 2017 on the Bulgarian office, retail and industrial markets.

Prologis announced a successful pilot with Platio, a Hungarian start-up that provides aesthetic and space-saving renewable energy systems by integrating high-performance solar cells into sidewalk paving elements made of recycled plastic. Prologis Park Budapest-Harbor has become the first logistics park in the world to integrate this green technology into its daily operations.

Romanian industrial and logistics gross take-up increased in 2017 by almost 15% to over 525,000 square meters, registering a new record level, JLL reports.