ARTICLES LABELLED WITH TAG industrial

News Bucharest leads the Romanian industrial market
30
Oct
2017

Bucharest leads the Romanian industrial market

by Import Sys
Demand on Romania's industrial and logistics market reached 456,000 square meters in the first nine months of 2017, close to the level recorded for the whole last year when it cumulated 463,000 square meters, according to JLL:
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News Allianz, ING and CTP agree on €160 million loan
30
Oct
2017

Allianz, ING and CTP agree on €160 million loan

by Import Sys
CTP Group, Allianz Group and ING Bank have signed a new €160 million syndicate loan for the financing of a portfolio of industrial properties in the Czech Republic. This loan serves both to refinance existing loans from a group of CEE banks and to finance new projects which have been completed in 2017. The refinancing with Allianz and ING is part of CTP´s ongoing strategy to extend its network of financing partners, including seeking partners outside the CEE region.
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News Bulgaria is definitely back on the map
30
Oct
2017

Bulgaria is definitely back on the map

by Ákos Budai
The Bulgarian property market is booming with the total transaction volume expected to exceed €1 billion in 2017. The outlook for the future is highly positive: strong demand, underpinned by solid economic growth, encourages developers to start new projects in all segments of the market.
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News Almost no vacant industrial space left in Prague
26
Oct
2017

Almost no vacant industrial space left in Prague

by Import Sys
At the end of Q3 2017, the vacancy rate in the Czech industrial market reached 3.6%. Vacancy in Prague fell below the country average to the level of 2.8%. The Industrial Research Forum has released the final industrial market figures for Q3 2017.
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News Increased speculative development on the Czech industrial market
26
Oct
2017

Increased speculative development on the Czech industrial market

by Import Sys
Total stock on the Czech industrial property market reached 6.71 million sqm by the end of the third quarter of 2017. From July to September this year, 68,000 sqm of new warehouse space were completed in 5 parks. Compared to Q2 2017, when a total of 208,000 sqm was delivered, it means a quarter-on-quarter decline of 67 percent. Compared to Q3 2016, when a total of 52,000 sqm was delivered to the market, it is a year-on-year increase of 31 percent. 108 Agency presented an overview of the Czech industrial property market.
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News Penny Market opens logistics centre in Western Hungary
20
Oct
2017

Penny Market opens logistics centre in Western Hungary

by Import Sys
German discount supermarket chain Penny Market opened a logistics centre in Veszprém, Western Hungary, following a nearly €30 million (HUF 9 billion) investment. The facility offers 26,500 sqm of warehouse space on a 10 ha land. The new warehouse can hold 15,000 pallets.
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News Logicor completes new 40,000 sqm warehouse in Bucharest
20
Oct
2017

Logicor completes new 40,000 sqm warehouse in Bucharest

by Import Sys
Logicor completed the development of a new 40,000 sqm warehouse in the Logicor Bucharest I park, located in Mogosoaia.
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News Shopping centres will have a hard time surviving
19
Oct
2017

Shopping centres will have a hard time surviving

by Ákos Budai
The increased use of technology is already changing the way industrial property is being built and used. Tim Davies, Head of EMEA Industrial and Logistics Agency at Colliers International United Kingdom talked to Property Forum about e-commerce, robotics, big data and many more.
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News Former Coca-Cola HBC complex sold in Slovakia
19
Oct
2017

Former Coca-Cola HBC complex sold in Slovakia

by Import Sys
At the beginning of summer 2016, a production and distribution complex owned by one of the largest non-alcoholic beverage producers Coca-Cola HBC Czech and Slovak Republics, was added to the Slovak industrial market. The complex, which offers approximately 30,000 sqm of leasable area with ca. 35,000 sqm of adjacent land for further development was exclusively marketed by the Industrial Agency team in JLL Slovakia. From October 2017 the new owner is Priemyselný areál Lúka s.r.o. The value of the transaction remains confidential.
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News Strong demand for industrial property in Budapest
16
Oct
2017

Strong demand for industrial property in Budapest

by Import Sys
Total demand on the Budapest industrial market amounted to 122,020 sqm in Q3 2017, showing a 44% increase year-on-year. The Budapest Research Forum published its quarterly industrial market analysis.
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Latest news


New leases

  • M1 Poznań, managed by EPP, one of the largest family shopping centres in Wielkopolska, has just gained a new, unique tenant, CentrumRowerowe.pl, which is making its debut in Wielkopolska. In the summer, HalfPrice will also join the list of tenants of the centre, offering global brands, including fashion, home furnishings and sports goods at attractive prices. Customers can also already use the assortment of the recently opened Reporter clothing store and the Rainbow travel agency. All new contracts cover over 5,000 sqm of retail space.
  • Three companies from the PZU Group, one of the largest financial institutions in Poland and Central & Eastern Europe, have decided to lease space at Konstruktorska Business Center in Warsaw for another 10 years. The companies have renewed their lease for a total of over 6,500 sqm of modern office space in the building owned by Golden Star Group.
  • SNF, a company operating in the beauty sector, has renewed its lease for approximately 2,300 sqm of warehouse and office space at Prologis Park Poznań I. Axi Immo represented the tenant in the transaction.

New appointments

  • 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.
  • Maciej Wieczorkiewicz is joining the Avison Young Technical Advisory team in Poland. Maciej is an experienced engineer with many years of experience in managing fit-out projects and investments in the commercial property sector. During his career development, he has worked for companies such as Made In Terior, TECAS Fitout and Colliers Define.

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