Secure Property Development and Investment PLC, an SEE-focused property and investment company, announced the proposed acquisition of up to a 50% interest in a portfolio of fully let logistics properties in Romania. The so-called Olympians Portfolio comprises assets in Bucharest, Timisoara and Brasov. The gross asset value of the 100,000 sqm portfolio is approximately €50 million and there is a senior loan liability of approximately €30 million secured against the portfolio.

DHL Express recently moved into its new, tailor made warehouse of 6,000 sqm leased in Budapest Airport's new logistic facility built by Market Építő. Budapest Airport appointed CBRE Hungary for the construction management services.

Prologis has started construction of two logistics facilities at its new Prologis Park Nitra in Slovakia. The expected completion of both buildings is scheduled for the second quarter of 2018.

The Czech industrial & logistics real estate market has changed beyond all recognition over the past five years, with the total stock of logistics and warehouse space rising 66% over the period, driven by strong growth in e-commerce and retail, according to Colliers International’s latest Czech Industrial & Logistics Market Barometer.

In the past 18 months, three major Chinese logistics providers leased almost 100,000 sqm of new warehouse premises, one of them being 68,000 sqm leasing agreement in VGP Park Jeneč signed by the company 4PX Express (logistics operator of Chinese e-commerce company Alibaba). This transaction ranks among the largest single industrial transactions of this year. Chinese concentration on the Czech market is expected to continue as there are several other major transactions currently underway.

Labour force is the key factor for auto player’s location decision-making process - says Colliers International in its latest research. The auto producers and component suppliers sector is very important in CEE industrial and is growing. Auto exports ranged from 4.7% of total exports in 2015 in Bulgaria, upwards to 28.0% in Hungary and 34.6% in Slovakia, growing at a regionally-weighted annual rate of 7.4% in the period 2010-2015.

CTP is currently expanding three of its Slovakian industrial parks for three separate clients. The new developments in Bratislava, Nitra and Voděrady are due to be completed within the following months.

CTP continues its accelerated growth by acquiring Chitila Logistic Park, near Buchares, Romania. The transaction was concluded in September and the value of the investment reaches €17.3 million. CLP has been purchased from UBM Development. This acquisition is part of CTP’s strategy of reaching a total leasable area of approximately 1 million sqm in Romania by the end of 2018.

Central Poland, Prague and Bucharest are among the most desirable logistics locations in Europe, according to a new research by Prologis that examines why logistics customers in Europe choose certain locations over others.

Prologis has begun construction of a new 14,477 sqm speculative facility at Prologis Park Prague-Airport. The expected completion is for the first quarter of 2018.