GARBE Industrial Real Estate Poland has acquired a new flagship production and warehouse facility of Hubergroup located in Wroclaw. The parties have signed a Preliminary Purchase Agreement for a new 22,000 sqm Build-to-Suit facility, on a 20-year term sale & leaseback transaction.
The Czech Republic once again ranks high in the rating of the 47 best manufacturing destinations. Thanks to a good score in all criteria such as operating costs, labour, political and economic risk and the ability to bounce back after the coronavirus crisis, the country came fifth globally and first in Europe. Since 2016 when the Czech Republic was included in Cushman & Wakefield’s Manufacturing Risk Index for the first time, it has been ranked among the best manufacturing destinations on a regular basis.
Hungarian developer Infogroup has completed the latest building in its Eastern Hungarian industrial complex in the Polgári Industrial Park, which it also operates. The 4,500 sqm industrial/logistics hall is an extension to an existing 27,000 sqm project in the park.
Austrian company Karimpol Group officially launched the construction of the Squarebizz Bory project in Bratislava which will include retail, storage and office space. Peter Šmitala, Project Manager at Karimpol Slovakia talked to Property Forum about the project and the company’s future plans.
Demand for warehouses at 3.15 million sqm and new supply at 1.14 million sqm set new H1 records for the industrial market. Poland registers Europe’s second-highest developer activity with over three million sqm under construction. JLL summarised Poland’s industrial market for H1 2021.
In the first half of 2021, Accolade has achieved a lease of 370,000 sqm of modern and sustainable space to tenants in the e-commerce, logistics, and light industry sectors. The company has also been very active in expanding its current industrial parks and investing in new projects. Almost 100,000 sqm of warehouses have been completed and a further 430,000 sqm of modern industrial space, worth more than €400 million, is under development.
Leasing activity in the Romanian industrial and logistics market was up 21% to 360,000 sqm in the first half compared to the same period of last year, driven by relocations and the closing of new contracts, according to a report by real estate consultancy Cushman & Wakefield Echinox.
Tech start-up A4BEE has leased 600 sqm of office space in Wojdyła Business Park in Wrocław. Cushman & Wakefield advised the owner for this transaction.
Colliers branch in Katowice has changed its address. Since September the office is located in the .KTW I building on Roździeńskiego Avenue 1a. Colliers has taken the space on the first floor of the building.
Meat2Eat has leased 400 sqm for a new restaurant that it opened on the ground floor of One Tower office building in Bucharest. The transaction was brokered by Cushman & Wakefield Echinox. The building is owned by Romanian developer One United Properties.
New appointments
Łukasz Czajkowski joins the team of JLL Poland as Business Services Lead in Tenant Representation Department. He will be responsible for enhancing relations with the BSS sector.
Craig Maguire has been appointed Head of Pan-European Logistics for BNP Paribas Real Estate. He will head up the European coordination of the Logistics business (Investment and Rentals/Sales), alongside the local teams of BNP Paribas Real Estate.
Victor Cosconel is the new Head of Industrial & Business Development at real estate consultancy Colliers Romania. He has more than 20 years’ worth of experience in sales, business development and general management. Before joining Colliers, he was CEO of Sodexo Bulgaria.
Property Forum is a leading event hub in the CEE real estate industry with nearly 10 years of experience. We organise conferences, business breakfasts and workshops focused on real estate, in London, Vienna, Budapest, Bucharest, Bratislava and Prague, amongst other locations.
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