Hungarian property investor Faedra Group has successfully raised €17 million, with the proceeds set to finance the group's new local logistics-industrial developments in the coming years.

According to the report by Savills and Statista (statista.com), the European AI market is expected to reach €76.5 billion this year, up by 25.9% compared to 2023. The annual growth rate is expected to be 15.9% until 2030. These numbers confirm that artificial intelligence is gaining traction across industrial sectors, and data centres will be no exception. 

The Industrial parks investor Accolade has issued green bonds in the Czech currency. The planned issue of CZK 1.5 billion (€120 million) has been sold out within a week.

Weerts Logistics Park (WLP), which has a Belgian-Hungarian ownership background, has reached the highest point for the first phase of 22,000 sqm of the new logistics project spanning 55,000 sqm that is developed in the neighbourhood of Debrecen, in Ebes.

Romanian developer Transilvania Construcții is recording a 45% increase in the demand for offices within its industrial portfolio in Romania.

Sorin Preda, CEO and Founder of Global Vision, talked to Property Forum about the company’s ongoing industrial developments in Romania, the focus of investments in large cities and the future of development marked by the regional nearshoring trend.

A new hall within Arete Park Zdice has been completed and handed over to its tenant, the Czech branch of the logistics service provider Kuehne+Nagel. After the opening of the new building, the total leasable standing area of the park in Zdice has increased by more than 41% to 24,808 sqm.

RSJ Investment Group has announced the completion of the sale of a modern industrial hall near Chomutov with a leasable area of almost 40,000 sqm. The company Jungheinrich has been manufacturing forklift trucks since mid-2023. Patria Investment Company, a part of the ČSOB group, has become the new owner.

Gijs Klomp, Business Development Manager at WDP Romania, talked to Property Forum about the company’s more than €90 million development pipeline on the local market and the outlook of the industrial sector on rents and new demand.

The industrial and logistics sector in CEE-6 regions attracted on average 27% (€14 billion) of the last five-year investment volume on a rolling basis in the region. The total commercial real estate investment sector hovers on average around €10 billion each year, according to Colliers.