ARTICLES LABELLED WITH TAG industrial

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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News M7 acquires light industrial portfolio for CEE fund
06
Jun
2017

M7 acquires light industrial portfolio for CEE fund

by Ákos Budai
M7 Real Estate has acquired a portfolio of 11 light industrial assets in Hungary and the Czech Republic, on behalf of M7 CEREF I, from a joint venture between Partners Group and Cromwell Property Group. The portfolio comprises 209,832 sqm, with seven of the assets located in Hungary and the remaining four in the Czech Republic.
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News Prologis building in Prague gets certified
06
Jun
2017

Prologis building in Prague gets certified

by Ákos Budai
Prologis announced that its 33,700 sqm build-to-suit facility for Czech sports retailer Sportisimo at Prologis Park Prague-Rudna is the first logistics facility in the Czech Republic and only the second such building in Central and Eastern Europe to receive BREEAM’s highest accreditation rating.
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News Logicor to be sold to China Investment Corporation for €12.25 billion
06
Jun
2017

Logicor to be sold to China Investment Corporation for €12.25 billion

by Ákos Budai
Real estate funds managed by Blackstone have agreed to sell their pan European logistics company, Logicor, to affiliates of China Investment Corporation (CIC) for €12.25 billion.  Logicor owns and operates a portfolio of high-quality logistics assets totalling 147 million square feet, in 17 countries with over 70% concentrated in the UK, Germany, France and Southern Europe.  
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News Prologis leases speculative development in Slovakia
31
May
2017

Prologis leases speculative development in Slovakia

by Ákos Budai
Prologis has fully leased a newly delivered 21,140 sqm speculative facility at Prologis Park Bratislava to a furniture wholesaler. The lease was signed just two months after the building’s completion.
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News All-time highs on the Polish industrial market
31
May
2017

All-time highs on the Polish industrial market

by Ákos Budai
In Q1 2017, Poland’s total Class A warehouse stock topped 11,613,000 sqm following the completion of nearly 533,000 sqm. Total take-up hit 925,000 sqm, representing a 45% increase, as revealed by Cushman & Wakefield in its latest report.
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Latest news


New leases

  • EPP's Outlet Park Szczecin, the only outlet centre in Western Pomerania, is strengthening its fashion offerings by signing agreements with three brands previously unavailable in the region. JACK & JONES and Evenemen, with their men's fashion collections, and the premium optician OUTLY, have already opened their stores. eobuwie will also join the tenant roster this fall. VENEZIA, TATUUM, WITTCHEN, and Pako Lorente are also continuing their partnerships with the centre, significantly expanding their stores, while Lee Wrangler and German Optiker are moving to new locations. The new agreements and extensions cover a total area of nearly 1,800 square meters.
  • mFinanse S.A. has extended its current lease at the LIFE_Building in Warsaw and expanded its office space. As of July this year, the mBank Group company will occupy a total of 350 sqm in the building owned by VIG Fund. During the transaction, VIG Fund was represented by JLL, the exclusive leasing agent for LIFE_Building, while Deloitte Legal provided legal advisory services.
  • Stay Fit Gym, the largest fitness chain in Romania and Eastern Europe, is launching a new premium concept for those seeking high-end facilities. The brand is debuting its first "Black" type centre in the Palas Iași mixed-use complex, owned by Iulius.

New appointments

  • Avison Young's Valuation and Advisory team in Poland has welcomed a new member, Michał Marynowski, who takes the role of Assistant Valuer. Among other experiences, he worked at the Court of Appeal in Warsaw, where he was responsible for verifying execution documentation for selected investments, updating data in the premises database for court buildings, and analysing tender bids. Proficient in GIS, AutoCAD, and Revit, he also has strong skills in interpreting planning documents.
  • Golden Star Group, an international investment firm operating in the real estate sector, has announced the promotion of two key specialists within its Polish team. Paweł Moczybroda has been appointed Group Chief Financial Officer, while Ewa Dragunajtys has been promoted to Head of Asset Management.
  • Tomasz Chojnacki, a commercial property expert with nearly 20 years’ experience, has joined international real estate advisory firm Newmark Polska as Regional Director for Southern Poland in its Office Department, with effect from 1 August. His key responsibilities include representing office tenants during relocations and lease renegotiations.

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