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News Panattoni Europe completes BTS project in Łódź
18
Apr
2017

Panattoni Europe completes BTS project in Łódź

by Ákos Budai
Panattoni Europe has completed the construction of a modern logistics centre for Decathlon. The 32,000-square-metre investment is based in Łódź and is the company’s second central warehouse in Poland. 
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News Panattoni Europe starts BTS development in Central Poland
12
Apr
2017

Panattoni Europe starts BTS development in Central Poland

by Ákos Budai
Panattoni Europe is to build another distribution centre for Castorama Polska. The project, one of the biggest in Poland, will be delivered in Stryków. Contruction works will commence later this April. The lease was mediated by experts from JLL.
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News Manufacturing complex in Slovakia gets new owner
12
Apr
2017

Manufacturing complex in Slovakia gets new owner

by Ákos Budai
The departure of ICU Medical from the manufacturing complex in the southwestern Slovak city of Vráble, made a modern light–industrial facility available for sale on a vacant possession basis. The complex consists of facility with a gross usable area of 7,000 sqm and 3 ha of available land for further development The new owner, Slovak company TESGAL, provides surface treatments of metal parts used mostly in the automotive and consumer industry. 
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News CA Immo completes withdrawal from logistics by Budapest sale
05
Apr
2017

CA Immo completes withdrawal from logistics by Budapest sale

by Ákos Budai
With the sale of its 51% holding in the Aerozone logistics park to M7 CEREF I in Budapest, CA Immo has completed the strategic withdrawal from the logistics segment that began in 2012. Over the past few years, almost 500,000 sqm of logistical space in total has been sold in Poland, Romania, Hungary and Germany. 
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News P3 to deliver BTS facility near Warsaw
05
Apr
2017

P3 to deliver BTS facility near Warsaw

by Ákos Budai
P3 has raised the final column on 26,000 sqm of warehousing and offices at P3 Błonie park near Warsaw in Poland. The space is being developed on a BTS basis for Antalis, a distributor of paper, packaging systems and plastics for visual communication.
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News First Property Group sells Ploiești warehouse
03
Apr
2017

First Property Group sells Ploiești warehouse

by Ákos Budai
First Property Group has agreed to sell one of its three directly held properties in Romania, a logistics warehouse in Ploiesti, for €3.2 million.  The purchaser, Aquila Part Prod SRL is also the current occupier of the property. 
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News Prologis Park Prague-Airport building fully leased
31
Mar
2017

Prologis Park Prague-Airport building fully leased

by Ákos Budai
Prologis announced that it has signed two new lease agreements totalling 12,100 square metres at its second speculative development at Prologis Park Prague-Airport. The park is now 100-percent leased.
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News Wing sells Budapest city logistics scheme for €29 million
21
Mar
2017

Wing sells Budapest city logistics scheme for €29 million

by Ákos Budai
Diófa Asset Management has purchased the South Pest Business Park from Wing Zrt. The new owner is Magyar Posta Takarék Property Investment Fund, which is Hungary's second largest domestic open-ended fund. The city logistics scheme, located in the 9th district, is 90% occupied.  The South Pest Business Park was transacted for app. €29.1 million (HUF9 billion).
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News P3 completes two buildings at P3 Prague D11
27
Feb
2017

P3 completes two buildings at P3 Prague D11

by Ákos Budai
P3 has completed the first two warehouses at P3 Prague D11, developed partly on a Build-to-Suit basis for Exiteria and FM Logistic, comprising a total of 60,000 sqm. The warehouses are among the largest buildings planned for the park and account for over a third of its total size.  The rest of the site can accommodate eight further warehouses ranging from 3,000 sqm to 26,000 sqm. After completion, P3 Prague D11 will provide a total of 155,000 sqm.
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News Globalworth buys Romanian warehouse for €42.5 million
23
Feb
2017

Globalworth buys Romanian warehouse for €42.5 million

by Ákos Budai
Globalworth purchased a logistics project located near Pitesti, Romania, rented by Dacia from ELGAN, a company owned by businessman Simon Roth, for €42.5 million. Colliers International advised the seller.
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Latest news


New leases

  • Cărturești is set to become an anchor brand in the RIVUS project developed by Iulius, in Cluj-Napoca, where it will house the country's largest bookstore. The company will lease 2,500 sqm of space, spread across two levels.
  • 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.

New appointments

  • Elżbieta Majdan is joining the Property & Asset Management team at Savills Poland as an Associate Director. Elżbieta brings 15 years of experience in managing and commercialising retail properties, gained while implementing key projects on the Polish market.
  • 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.

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