ARTICLES LABELLED WITH TAG industrial

News Exeter acquires logistic park in Szczecin
12
Jan
2017

Exeter acquires logistic park in Szczecin

by Ákos Budai
American investor Exeter Property Group has finalized its acquisition of the North-West Logistic Park warehouse and production complex in Szczecin, Poland from Waimea Holding. The value of the transaction has not been disclosed. 
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News Year of records on the Czech industrial market
11
Jan
2017

Year of records on the Czech industrial market

by Ákos Budai
According to JLL’s review of last year, the Czech industrial market has exceeded the 6 million sqm mark in 2016 which makes it – along with the Polish one – one of the most advanced markets in CEE. 2016 gross-take up on the Czech industrial market totalled 1.2 million sqm which makes it one of the best years on record after the similarly successful years such of 2014 and 2015. Due to strong constant demand, the national average vacancy rate declined to 4%, which is the decade´s low and one of the lowest indicators in the market history. 
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News Prologis acquires M0 Central Business Park in Hungary
10
Jan
2017

Prologis acquires M0 Central Business Park in Hungary

by Ákos Budai
Prologis has announced that Prologis European Properties Fund II (PEPFII) has acquired M0 Central Business Park in Hungary from IDI Gazeley. Two newly acquired, 100 percent let, facilities totalling 31,443 square metres will become part of the adjoining 98-percent let Prologis Park Budapest-Sziget, which currently comprises seven buildings totalling 150,000 square metres.
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News CBRE to manage M7’s new Hungarian portfolio
05
Jan
2017

CBRE to manage M7’s new Hungarian portfolio

by Ákos Budai
The Budapest office of CBRE has been appointed property manager and leasing agent of M7 Real Estate’s new Hungarian property portfolio. M7 Real Estate has acquired two retail centres, the Atom Center in Paks and Csillagvár in Budapest, and the Acélforma industrial hall in Dunaharaszti. The British investor has commissioned CBRE with the management and leasing of almost 22,000 sqm of GLA.
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News Panattoni Europe develops in Central Poland
27
Dec
2016

Panattoni Europe develops in Central Poland

by Ákos Budai
Panattoni Europe is developing a warehouse facility for DSV Solutions. The investment spanning nearly 25,000 sqm is being built at Panattoni Park Janki II and will be delivered to the tenant as early as the beginning of August 2017. The lease was mediated by JLL. 
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News 2017 can be a record year for the Czech investment market
27
Dec
2016

2017 can be a record year for the Czech investment market

by Ákos Budai
Strong demand across all investment sectors is expected to continue into 2017 in the Czech Republic and the €3 billion boundary could be exceeded once again. Retail is likely to become the most popular asset class next year, followed by offices and industrial. CBRE has released the Czech Republic Real Estate Market Outlook 2017.
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News Panattoni Europe develops in Opole
12
Dec
2016

Panattoni Europe develops in Opole

by Ákos Budai
Panattoni Europe has embarked on the construction of a factory commissioned by Skamol A/S – a Danish manufacturer of insulation solutions for industry and construction. The BTS facility featuring approx. 6,000 square metres will be delivered in the BTO formula in Opole, at the special economic zone WSSE Invest Park. The contract was mediated by Colliers International, and the completion of works to be implemented by Panattoni Europe is anticipated in April 2017.
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News Invest4SEE enters Slovakia
07
Dec
2016

Invest4SEE enters Slovakia

by Ákos Budai
Austrian and Romanian real estate developer Invest4SEE has announced the development of a 91,216 sqm warehouse in Dubnica nad Vahom, Slovakia. Invest4SEE Industrial Park Dubnica will spread over 20 hectares.
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News P3 expands in Central Poland
07
Dec
2016

P3 expands in Central Poland

by Ákos Budai
P3 has commenced work on a new 80,000 sqm warehouse at P3 Błonie park in Poland. A column raising ceremony to mark the start of construction took place on 1 December. The milestone marks the start of a new phase in the expansion of the park, which will see it grow from just over 196,000 sqm today to over 275,000 sqm.
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News International logistics centre to be built near Budapest
05
Dec
2016

International logistics centre to be built near Budapest

by Ákos Budai
Inpark, the Hungarian industrial property development group launched the construction of its first international logistics centre to be leased by Kühne + Nagel Hungary. 
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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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