The development of a new industrial building with a leasable area of 27,500 sqm has kicked off at BHM Industrial Park Belgrade (IPB), with completion expected by the end of 2024.

The industrial sector in Romania is recording a slowdown in Q1 2024, with the same trend being recorded across Central and Eastern Europe (CEE) markets, according to a iO Partners analysis.

Industrial developer CTP has named Ionuț Puiu as Construction Director as part of the company’s strategy to expand its portfolio in Romania.

Interest in the industrial and logistics space in the Czech Republic has reached a record height, rising 50% in the years 2019 and 2023 comparison. The growth in interest continued in the first four months of this year. Cushman & Wakefield is presenting data based on its record of enquiries.

Industrial developer CTP has completed the purchase of six industrial projects and a land bank from Globalworth in Romania for an undisclosed sum.

DHL Supply Chain has been operating a carbon-neutral distribution centre for Eaton in CTPark Pohořelice since January 2024. The developer CTP has actively participated in its transformation.

Compared to neighbouring Poland or Slovakia, rental prices for industrial properties in the Czech Republic can run up to one-third higher. Low vacancy rates and a small supply of immediately available space are forcing tenants to prefer more competitive offers from neighbouring countries, as shown in the regular quarterly industrial property market report published by Colliers.

CTP has been appointed by dog food manufacturers PsiBufet and Butternut Box to build a specialist facility to produce fresh dog food for distribution across continental Europe.The specialist new facility is being developed in a build-to-suit model at CTPark Zabrze.

Industrial developer CTP has expanded its partnership with delivery company Cargus following the inauguration of a new warehouse in Sibiu.

Industrial packaging distributor Neopak is to move its main warehousing facilities to Panattoni Park Warsaw South IV, where it is to occupy over 10,500 sqm of warehouse and office space.