ARTICLES LABELLED WITH TAG industrial

News E-commerce dominates Poland’s warehouse market
26
May
2017

E-commerce dominates Poland’s warehouse market

by Ákos Budai
Poland’s industrial and warehouse sector recorded the strongest first quarter in its history. Schemes with the total area of 592,000 sqm were delivered to the market between January and the end of March, which represents as much as 45% of the total volume of 2016. BNP Paribas Real Estate highlights that the invariable driving force behind the market’s growth for the past several quarters have been businesses from the e-commerce sector.
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News Two CTP buildings to undergo transformation
24
May
2017

Two CTP buildings to undergo transformation

by Ákos Budai
CTP is launching a new mural art competition for illustrators, visual artists, painters and graphic designers – CTP Art Wall. For this project, CTP will provide enormous space – the walls of their own industrial buildings. In doing so, selected CTParks will create an outdoor art gallery.
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News Warehouse market closes strong quarter in Poland
24
May
2017

Warehouse market closes strong quarter in Poland

by Ákos Budai
In Q1 2017 a total of 970,000 sqm was leased on the warehouse market in Poland, 42% more than in Q1 2016. Developers put into operation 475,000 sqm and over 1.4 million sqm are under construction. Results for the first quarter of 2017 allow optimistic forecasts for the coming months according to AXI IMMO’s latest report.
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News CTP acquires logistics scheme in Budapest
23
May
2017

CTP acquires logistics scheme in Budapest

by Ákos Budai
CTP continued its expansion on the Hungarian market through the acquisition of Rozália Park, a 57,800 sqm logistics scheme directly adjacent the M1 motorway to the west of Budapest. The seller was Challenger. 
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News CBRE GI acquires Prologis Park Ostrava
23
May
2017

CBRE GI acquires Prologis Park Ostrava

by Ákos Budai
On behalf of its clients, CBRE Global Investors has bought Prologis Park Ostrava from Prologis for an undisclosed sum. The 65,910 sqm complex, comprising two buildings, on the D1 motorway has now been renamed Ostrava Logistics Park. It is fully leased to five tenants.
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News Panattoni to deliver BTS factory in Western Poland
18
May
2017

Panattoni to deliver BTS factory in Western Poland

by Ákos Budai
Panattoni Europe is building a production facility for Reuss Seifert, German-based supplier of components for the construction industry. The facility featuring in excess of 30,000 sqm is going up in Nowa Sól, at the Kostrzyn-Słubice Special Economic Zone. The contract was mediated by CBRE.
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News P3 expands Poznań park by 31,900 sqm
18
May
2017

P3 expands Poznań park by 31,900 sqm

by Ákos Budai
P3 has celebrated the raising of the last pillar of a new, 31,904 sqm warehouse at P3 Poznań park in Poland’s rapidly developing Gądki logistics area. One-third of the building - 10,000 sqm - will be occupied by British American Tobacco Polska. The BAT space, which will be commissioned in August 2017, is being designed to meet the company’s specific needs. The remaining space is being built on speculative basis.
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News Tenants and developers look at smaller cities in Poland
18
May
2017

Tenants and developers look at smaller cities in Poland

by Ákos Budai
After record-breaking 2016, there are still good prospects ahead of Poland’s warehouse market. Regional markets will gain in attractiveness owing to the improving transport infrastructure, availability of investment lands and employees that begin to lack on the most popular markets – according to a report by Colliers International entitled “New locations, new possibilities. Logistic centres vs. labour market”, which was prepared in cooperation with Randstad Poland. 
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News Panattoni Europe sells Warsaw logistics centre
11
May
2017

Panattoni Europe sells Warsaw logistics centre

by Ákos Budai
Panattoni Europe announced the sale of Panattoni Park Warszawa–Konotopa, located in the Warsaw region. The multi-tenant logistics centre comprises two buildings totalling close to 50,000 sqm and is fully leased. After the sales transaction is completed, Panattoni Europe will retain responsibility for managing the park. 
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News M7 acquires two Budapest assets for €20 million
09
May
2017

M7 acquires two Budapest assets for €20 million

by Ákos Budai
M7 Real Estate has acquired a further circa. €20 million of assets in Budapest, on behalf of its first Central European fund for third party investors, M7 CEREF I. This follows the Fund completing its final close, reaching its target raise of €60 million of investor capital in April 2017, as well as the agreement of a €68.5 million senior debt facility with Starwood European Real Estate Finance.  
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Latest news


New leases

  • LCP Properties has finalised two further leases for M Park Pionki. The CCC shoe shop will occupy 400 sqm in the building, while the area of the Xtreme Fitness gym will reach 600 sqm.
  • Two more companies have become tenants of Diuna, part of the Warsaw office portfolio of Syrena Real Estate and PineBridge Benson Elliot. Intrum has leased nearly 370 sqm and Carrier Chłodnictwo about 500 sqm in the complex on Taśmowa Street. In addition, WDX has extended its lease for nearly 500 sqm of space.
  • Castorama has opened its 103rd shop in Poland. The outlet in the compact Smart concept is located in the Dekada shopping centre, at Armii Krajowej Street in Grójec. It is a 2,000-square-metre retail space, an outdoor garden zone and an assortment of around 15,000 off-the-shelf products.

New appointments

  • Prologis' Warsaw team has gained a new director. As of 1st of April, Marzena Tkaczuk has joined the team of development experts. As Capital Deployment Director, she will be responsible in particular for the implementation of build-to-suit projects.
  • Hagag Development Europe has named Ana-Maria Nemțanu as Leasing Director. She has over 17 years’ worth of experience in the local real estate industry.
  • Emilia Dębowska has been promoted to the position of Head of Sustainability Europe of Panattoni. In her new role, she will be responsible for Panattoni’s integrated sustainable development strategy encompassing both the company’s business goals and the development of its projects in Europe for every country in which the developer is active.

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