ARTICLES LABELLED WITH TAG industrial

News CTP agrees €76 million loan with EBRD and BCR
17
Jul
2017

CTP agrees €76 million loan with EBRD and BCR

by Ákos Budai
CTP, the European Bank of Reconstruction and Development (EBRD) and BCR announced the closing of a credit facility totalling €75.8 million, of which €36.7 million were granted by EBRD and €39.1 million by BCR. The loan will support the expansion of CTPark Bucharest West by two new warehouses totalling over 70,000 sqm. The total investment in this expansion phase will reach €108.9 million. With a total planned 600,000 sqm lettable area, CTPark Bucharest West is designed to become the biggest, as well as fastest growing industrial park in the country and the region. BCR acted as mandated lead arranger, documentation, facility and security agent.
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News Record high demand for industrial space in Budapest
17
Jul
2017

Record high demand for industrial space in Budapest

by Ákos Budai
Total demand on the Budapest industrial property market amounted to 212,750 sqm in Q2 2017, which is the highest quarterly volume ever on record. The Budapest Research Forum published its quarterly industrial market analysis.
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News Prologis delivers for e-commerce in Prague
11
Jul
2017

Prologis delivers for e-commerce in Prague

by Ákos Budai
Prologis has completed a state-of-the-art 30,250 square metre build-to-suit facility at Prologis Park Prague-Jirny for HP TRONIC, a retailer of consumer electronics in the Czech Republic and Slovakia. With the delivery of this facility, the park is fully developed.
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News Panattoni to deliver BTS building near Warsaw
04
Jul
2017

Panattoni to deliver BTS building near Warsaw

by Ákos Budai
Panattoni Europe has signed a lease with Multidekor, maker of professional ornaments and festive lighting solutions for cities and shopping malls. The transaction covers 22,600 sqm of warehouse and production space at the planned Panattoni Park Konotopa II. The development is set to commence this autumn, and will be completed in April 2018.
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News M7 Real Estate teams up with CBRE in Hungary
30
Jun
2017

M7 Real Estate teams up with CBRE in Hungary

by Ákos Budai
After entering the Hungarian market in 2016, M7 Real Estate has chosen the Budapest office of CBRE to manage the entire Hungarian real estate portfolio within the M7 CEREF I Fund. 
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News West Bohemia leads the Czech industrial market
26
Jun
2017

West Bohemia leads the Czech industrial market

by Ákos Budai
According to its analysis of the Czech industrial & logistics market, CBRE monitors a significant increase in end-user demand and resulting developer and construction activity in the still relatively unestablished location of Northwest Bohemia. Combined with already strong activity in West Bohemia, the region of West Northwest Bohemia currently represents the most active region in the terms of construction activity for the first time in history and even outpacing the Greater Prague Region. The West Northwest Bohemia region will be a driver of new supply in 2017 and together with the Greater Prague area will account for approximately 80% of newly to be delivered space in the Czech Republic in 2017.
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News Goodman expands Pomeranian Logistics Centre
22
Jun
2017

Goodman expands Pomeranian Logistics Centre

by Ákos Budai
Goodman Group has completed its second warehouse at the PLC in Gdansk, increasing the complex's capacity to 88,000 sqm.
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News Colliers sells industrial building in Hungary
22
Jun
2017

Colliers sells industrial building in Hungary

by Ákos Budai
The Industrial division of Colliers International Hungary sold the Scanfil building in Rozália Park to Reál food store chain. The building totalling 14 500 sqm was used by Scanfil for the production of mechanics and integrated products and will be now used by Reál as distribution centre for the greater Budapest area.
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News P3 to construct two new warehouses in Prague
14
Jun
2017

P3 to construct two new warehouses in Prague

by Ákos Budai
P3 is to start the construction of two new warehouses with a total floor area of 25,500 sqm at the P3 Prague Horní Počernice logistics park to respond to growing demand for space at the park. Once the expansion is completed, the park will have a total lettable area of nearly 380,000 sqm. Scheduled to start in the second half of 2017, construction will be completed at the beginning of 2018.
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News CTP hands over South Bohemia factory
14
Jun
2017

CTP hands over South Bohemia factory

by Ákos Budai
CTP has opened a new production plant in South Bohemia, built to suit the needs of Yanfeng Automotive Interiors. The company will produce interiors for passenger cars at the plant which spans a total area of more than 23,000 sqm on two floors.
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Latest news


New leases

  • A showroom of the IWC Home and Dion brands has opened in the Homepark Janki retail park, owned by the Pradera European Retail Parks Fund, occupying about 680 sqm of retail space.
  • Hatrans Logistics, which operates in the logistics and transportation services sector, has leased 5,000 sqm of warehouse and office space at the Hillwood Łódź Chocianowice park.
  • TPL Logistic has leased nearly 3,700 sqm of warehouse and office space in the P3 Blonie park near Warsaw, thereby increasing the space it previously occupied to 5,000 sqm in two warehouses.

New appointments

  • At the beginning of July, Jesika Mackiewicz took the position of Business Manager of Warsaw projects at Matexi Poland. She will be responsible for development of the company portfolio of residential projects and land purchases.
  • Rafał Kincer has been appointed CEO of Polski Holding Hotelowy. The new head of the state-owned hotel company will take the helm in mid-July.
  • Anne Kavanagh, former CEO of residential and mixed-use developer Telford Homes (of the Trammell Crow Company group), has been appointed president of ULI Europe. The Urban Land Institute (ULI) also announced the appointment of Angela Cain as global CEO.

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