ARTICLES LABELLED WITH TAG industrial

The modern, developer-led warehouse stock in the Czech Republic reached almost 12.2 million sqm in the third quarter of 2024. Approximately 163,500 sqm were delivered to the market within 9 industrial parks across the country. This represents an 11% decrease compared to the same period last year and an increase of 64% quarter-on-quarter, reports Industrial Research Forum in its Industrial Market Figures for Q3 2024.

Total demand for industrial spaces in Hungary fell 11.5% to 483,000 sqm in the first three quarters versus the same period of last year. Net take-up, meanwhile, was up 3% to 384,980 sqm in the same interval, according to the Budapest Research Forum (BRF).

Lion’s Head Investments has purchased three logistic parks from BPD in Sofia, Varna and Ruse for €71.4 million, in one of the biggest deals closed on the Bulgarian market in recent years. 

Industrial developer CTP says it has reached a deal with Romanian delivery firm Fan Courier by leasing an additional 4,500 sqm in CTPark Deva.

Pharmacy chain operator Dr.Max has leased 11,800 sqm in ELI Park Iași in a bid to accommodate growing operations.

The Czech Republic is on the cusp of a major transformation of its transport infrastructure having far-reaching consequences for the industrial and logistics real estate market across the Central European region, reports Colliers in its recent study.

Romania’s total stock of industrial and logistics spaces could reach the 8 million sqm threshold at the end of 2025, if the recent annual development pace of around 500,000 sqm is maintained, according to a report by Cushman & Wakefield Echinox. 

Concens Investments has purchased from the City of Ostrava a 513,000 sqm plot in the strategic development zone in Ostrava Mošnov through its company OAMP Holding. 

Panattoni has completed a production plant for the Fortaco Group in Knurów, Silesia. The newly opened factory has an area of over 34,000 sqm.

CTP has announced the expansion of the premises for CIE Automotive at CTPark Hranice located in Moravia with direct access to motorways leading to Olomouc, Ostrava and Poland.